00000nam 2200000 4500 INLIS000000000001331 20200508201425 200508||||||||| | ||| |||| ||eng|| 0754610500 010-0520001331 eng 334 334/CHE/T Hongyi Chen The institutional transition of China's township and village enterprises: market liberalization, contractual form innovation and privatization London Gajah Mada University Press 1979 xviii, 275 p.; 23,5 cm 23,5 cm Indeks : p. 266-275 p. 246-265 n insight into China's township and village enterprises (TVEs). It views the governance structure of TVEs as effectively combining the comparative advantage of local government officials in external management and of dual firm managers in internal management to overcome imperfections in both market and government during the transitional period. Through extensive field investigation analysis and case studies, the book shows that the governance structure of TVEs has been evolving over 15 years. To adapt to the changing environment, TVEs have continuously innovated firm contractual form from a government official dominant fixed-wage form to a partnership-style profit-sharing form, then to a privatization-oriented fixed-rent form. Producers cooperatives-China China-Economic condition-1976