(PDF) Mixed Ownership Reform and Corporate Governance in
First, ownership and ownership reform matter. Second, sharing control, rather than dominance by a single state shareholder, improves both the efficiency and governance of SOEs.
Reverse mixed ownership reform: Does state-owned capital …
However, the mixed ownership reform consists of two forms: private capital participation in state-owned enterprises and state-owned capital participation in private enterprises, i.e., the reverse mixed ownership reform. Existing studies have focused disproportionately on the impact of the former while ignoring the latter (Dong and …
Frontiers | Research on the impact of mixed ownership reform on ...
Mixed ownership reform can strengthen incentives and constraints for managers: after the mixed ownership reform of SOEs, state-owned shareholders are transformed into private shareholders, and the private shareholders will actively intervene and supervise managers based on their own interest concerns, reducing the manager''s …
China M&A: Reform Plan Promotes Mixed Ownership of …
by 2017 and has designated over 110 projects for reform. These projects involve 25 SOEs and total assets of over $44.2 billion, and more than half of them involve dilution of state ownership. Guangdong committed to reform all of its SOEs and to achieve mixed ownership Mega-Size Central SOEs Pioneering the Reform Process
Can Mixed-Ownership Reform Drive the Green Transformation of …
This paper uses panel data of state-owned listed enterprises from 2008 to 2019 to explore mixed-ownership reform''s influence on the green transformation of SOEs and its …
Does mixed-ownership reform improve SOEs'' innovation?
This paper investigates the impact of the ongoing mixed-ownership reform on the innovation activities of SOEs in China. We find that the reform improves SOE''s …
Full article: Impact of mixed ownership reforms on firm innovation ...
ABSTRACT. Based on data from Chinese A-share listed companies from 2008–2018, an investigation is carried out upon the impact of mixed ownership reforms and relative control transfers on corporate innovation before and after the occurrence of mixed ownership reforms, and relative control transfers in state-owned and private enterprises, …
Mixed-Ownership Reform and Private Firms'' Corporate Social ...
Using a powerful difference‐in‐differences design, we find that mixed‐ownership reform significantly enhances private firms'' ESG practices through heightened public scrutiny and the ...
Can Reverse Mixed-Ownership Reform Reduce the Cost of …
ABSTRACT How to leverage the advantages of state-owned capital to promote the high-quality development of private enterprises is a central issue of mixed-ownership reform. We empirically explore the effect of reverse mixed-ownership reform on the cost of equity financing for private enterprises and the underlying mechanism from two perspectives: …
Greener together: The impact of China''s mixed-ownership reform …
First, there is a negative correlation between mixed-ownership reform in SOEs and industrial enterprises'' carbon dioxide emissions, indicating a significant carbon emission reduction effect from the reform. Second, the reform primarily reduces carbon …
Chinese solar enterprises create trillion worth solar market
China added 87.41 GW of solar in 2022, a year-on-year increase of 59.3%, according to National Energy Administration (NEA). Under the promotion of the "dual carbon" policy, the production of various links in the solar industry chain reached a historical high, with the capacity of polysilicon, wafers, cells, and modules reaching 827,000 tons, …
Mixed-ownership reform and green innovation: based on the …
DOI: 10.1080/09537325.2024.2320818 Corpus ID: 268267153; Mixed-ownership reform and green innovation: based on the perspectives of capital effect and governance effect @article{Shang2024MixedownershipRA, title={Mixed-ownership reform and green innovation: based on the perspectives of capital effect and governance effect}, …
The Impact of Mixed Ownership Reform on Enterprise ...
The policy effect of mixed ownership reform is not reflected in the debt solvency the results of other explanatory variables in the Difference-in-difference Model are in good agreement with the regression results of the Fixed-effect Model, which indirectly confirm that the mixed ownership reform policy has a positive role in promoting these ...
Study on Corporate Governance Optimization Considering …
problems are existing in mixed ownership system reform of power enterprise, and that''s why Chinese power enterprise cannot satisfy requirements of mixed ownership system reform[3]. Mixed ownership system reform allows the publicly-owned capital exist with non-publicly-owned capital, based on this, the ownership
An Empirical Research on Mixed-Ownership Reform
In November 2013, the Third Plenum of the 18th CPC Central Committee made it a priority to develop mixed-ownership system. Mixed-ownership reform aims to integrate China''s public ownership economy with market-based economy. The outline of the new round of mixed-ownership reform marks a continuation of China''s reform and …
Full article: Impact of mixed ownership reforms on firm innovation ...
H1: Compared to private enterprises, mixed ownership reform is more capable of promoting innovation in state-owned enterprises. At the initial stage of the mixed ownership reform, the dual objectives of enhancing the efficiency of state-owned enterprises and maintaining the status of public ownership as the mainstay were …
Mixed-ownership reform and auditor choice: evidence from listed …
Mixed-ownership reform of SOEs is not only a major subject of China''s current economic reforms, but also provides urgent practical research needs related to micro-enterprises operating in this new phase. In particular, how SOEs transform from government control to marketisation is a common concern for researchers and practitioners.
Mixed-ownership reform and green innovation: based on the …
ABSTRACT Excess perquisites have hindered the high-quality development of state-owned enterprises, while mixed ownership reform can improve corporate …
Sustainability | Free Full-Text | Does the Mixed-Ownership Reform ...
In recent years, the innovation of state-owned listed enterprises has gained substantial momentum in academic research due to their vital role in sustainable economic development. This article examines and evaluates the influence of mixed-ownership reform on the innovation strategy of Chinese State-Owned Enterprises (SOEs) from the …
Sustainability | Free Full-Text | Does the Mixed-Ownership …
The mixed-ownership reform has become the primary mode of optimizing the ownership structure of SOEs, and improves their operating proficiencies and …
Mexico''s energy reform is set to revitalise an ailing sector and …
Mexico''s wide-ranging energy reform, which began in 2013, is expected to reverse the country''s declining oil production, increase the share of renewables in the power sector, and slow the growth in carbon emissions, providing a solid foundation for robust economic growth in the coming decades, according to the International Energy …
Mixed-Ownership Reform and Innovation Performance of Private …
2.1 China''s Mixed-Ownership Reform. The strategy of ownership restructuring towards a mixed one has been the core of the reform of state-owned enterprises in China. The third Plenary session of the 18th Central Committee of the CPC held in November 2013 explicitly proposed the strategy of developing a mixed …
Balancing Innovation and Efficiency: The Impact of Mixed Ownership Reform …
This paper examines the transformative impact of mixed ownership reform on total factor productivity (TFP) across monopolized and competitive industries. Utilizing a robust double-difference and moderating effect model, the study dissects the diverse effects of these reforms, initiated by key global events such as British Telecom''s 1984 stock …
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