TY - JOUR
T1 - Profitability, Ownership Structure and Technical Efficiency of Enterprises in the People's Republic of China: A Case of Manufacturing Industries in Shanghai
AU - FUNG, Ka Yiu, Michael
AU - CHOW, Kong Wing, Clement
AU - WAN, Kai Hong, Ken
PY - 1999/12/1
Y1 - 1999/12/1
N2 - This paper studies the relationship between accounting profits and technical efficiency of manufacturing enterprises in Shanghai during the period 1989–1992 and examines which factors affect the profitability of manufacturing enterprises. We first estimate the average technical efficiency of four major manufacturing industries in Shanghai. Then, we test for the presence of ownership effects of technical efficiency on profits of those enterprises in these four industries.
AB - This paper studies the relationship between accounting profits and technical efficiency of manufacturing enterprises in Shanghai during the period 1989–1992 and examines which factors affect the profitability of manufacturing enterprises. We first estimate the average technical efficiency of four major manufacturing industries in Shanghai. Then, we test for the presence of ownership effects of technical efficiency on profits of those enterprises in these four industries.
UR - http://commons.ln.edu.hk/sw_master/4615
U2 - 10.1023/A:1015460130983
DO - 10.1023/A:1015460130983
M3 - Journal Article (refereed)
SN - 0217-4561
VL - 16
SP - 351
EP - 367
JO - Asia Pacific Journal of Management
JF - Asia Pacific Journal of Management
IS - 3
ER -