Mixed ownership and financial investment: Evidence from Chinese state
At the present stage, SOE mixed-ownership reform has become an important breakthrough in deepening the reform of the SOEs (Zhang et al., 2020).As early as 2003, the
Will the Governance of Non-State Shareholders Inhibit Corporate
Fulfilling social responsibilities in order to sustain development has increasingly become a strategic choice for companies. Good corporate governance can guarantee high
Mixed ownership and financial investment: Evidence from Chinese state
We examine the relation from the mixed-ownership reform to the degree of stock price synchronicity by using a sample of 1211 listed State Owned Enterprises (SOEs) for the
Construction of transportation infrastructure and the mixed ownership
et al., 2020), which is the key to the mixed ownership reform of state-owned enterprises in the new era paying more attention to promoting substantive supporting measures at the board of
Research on the Influence of Mixed-Ownership Reform on
Firstly, in a theoretical sense, this study deepens the mixed-ownership reform of SOEs to the actual control rights level, discusses the impact of non-state-owned shareholder
Research on the Impact of Mixed Reform of State-Owned Enterprises
Based on the data of China Industrial Enterprise Database, this paper uses the propensity score matching double difference method (PSM-DID) to study the impact of mixed
Productivity Improvement from the Mixed-Ownership
The main results include: 1. On average, the mixed-ownership reform enhances the performance of the firms; 2. The relationship between the share of state ownership—full privatization, state-ownership, or mixed
Mixed-ownership reform and strategic choice of Chinese state-owned
We select paired variables that may affect the degree of SOEs'' mixed-ownership reform, group the samples based on the average shareholding proportion of non
Does the Mixed-Ownership Reform Affect the Innovation
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
Mixed-Ownership Reform and Innovation: An Examination of State
We discuss principal–principal and principal–agent conflicts in SOEs and argue that the increase in managerial autonomy that accompanies mixed-ownership reform releases SOEs from state
Effect of Appointed Directors on Corporate Carbon Emission
The growing prominence of global warming has led to a worldwide consensus on the need to reduce carbon emissions. Employing a sample of private industrial enterprises
Sustainable Development of State-Owned
In recent years, the development of China''s state-owned companies (SOEs) has slowed dramatically due to the improvement of the government–enterprise relationship and maturity in the market system. To
State ownership and innovations: Lessons from the mixed
Mixed-ownership reforms have been the mainstay of reforming China''s state-owned enterprises (SOEs) in recent years. In relation to the broader context of the continuous
Does the Mixed-Ownership Reform Affect the Innovation Strategy
This article examines and evaluates the influence of mixed-ownership reform on the innovation strategy of Chinese State-Owned Enterprises (SOEs) from the two dimensions
Xinyuan Smart Energy Storage Co., Ltd. Selected as a Latest Sci
In terms of sci-tech innovation, Xinyuan has built a smart energy O&M platform, developed an energy management system (EMS), designed a convergent trading platform, developed
State-Owned Enterprises'' Reforms and their Implications for
This paper explores how policies of market liberalization and partial privatization of State-Owned Enterprises (SOEs) involved in the production and provision of key inputs –
Reforming the Chinese State Sector: Mixed Ownership Reforms and State
It argues that the reform agenda consolidates a Party-led state capitalist model emerging under Xi Jinping and, in that context, discusses some implications of mixed
China SOEs Mixed Ownership Reform Fund established
The China State-owned Enterprises Mixed Ownership Reform Fund is the third national level fund after China State-owned Capital Venture Investment Fund and China Structural Reform Fund.
Dynamic impact of mixed-ownership reform on enterprise
We use the multi-period difference-in-differences combined with the propensity score matching method (PSM-DID) to examine the dynamic impact of mixed-ownership reform
Mixed-ownership reform and deleveraging of state-owned enterprises
Additionally, with the introduction of non-state-owned capital and the reduction of state-owned shareholding in mixed-ownership reform, the policy burden of SOEs will
Productivity Improvement from the Mixed-Ownership Reform: A
How to raise productivity level has become the core issue of ensuring China''s sustained Economic Growth in the Future. The mixed-ownership has both the financing
Does the mixed ownership reform work? Influence of board
By introducing diversity of ownership interests via "mixed-ownership reform", China seeks to alleviate internal governance problems in state-owned enterprises (SOEs),
Research on the Influence of Mixed-Ownership Reform on
State-owned enterprises (SOEs) are the leading force in the national economy. The main goal of mixed-ownership reform is to enhance the SOEs'' independent innovation
Research on the impact of mixed ownership reform
This article focuses the research sample on Chinese State-Owned Enterprises (SOEs), using the Beyond-logarithmic Stochastic Frontier Production Function and the ordinary fixed effect model to
Construction of transportation infrastructure and the mixed ownership
In comparison, the mixed ownership reform of state-owned enterprises in the new era pays more attention to the optimisation of state-owned enterprise governance
Mixed-ownership reform and strategic choice of Chinese state-owned
The mechanism test states that the impact of mixed-ownership reform on enterprise strategy is achieved through the balance effect between non-state-owned
Greener together: The impact of China''s mixed-ownership reform
In addition, the empirical results reveal that mixed-ownership reform plays a part by improving energy consumption structure, which means that due to the introduction of non
Balancing Innovation and Efficiency: The Impact of Mixed Ownership
This paper examines the transformative impact of mixed ownership reform on total factor productivity (TFP) across monopolized and competitive industries. Utilizing a robust
China''s State-owned Enterprise Mixed Ownership Reform
The new state-owned enterprise (SOE) mixed ownership reform have some distinct features that were not addressed in previous reforms. While some central SOEs and local governments
Does the Mixed Ownership Reform Promote the Innovation Level
The results show that the promotion effect of the mixed ownership reform of SOEs on innovation is more significant in the competitive industries, in areas with high-level marketisation and non
6 FAQs about [Mixed-ownership reform of state-owned enterprises in new energy storage construction]
What is the state of mixed ownership reform?
The State of Mixed Ownership Reform before and after the Introduction of State-Owned Enterprises Before the mixed ownership reform, according to Hypothesis 1, state-owned enterprise productivity is , private enterprise productivity is , and ; assuming is the wealth owned by the enterprise, the enterprise’s borrowing constraints are , , and .
Does mixed-ownership reform promote exploratory innovation?
The influence of mixed-ownership reform on the innovation strategy choice of State-Owned Enterprises (SOEs). The results show that the change of ownership structure caused by the mixed-ownership reform of SOEs can promote the investment in exploratory innovation, which is consistent with the assumptions.
Does mixed-ownership reform improve the innovation activities of SOEs in China?
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 innovation, and the impact is heterogeneous, by exploring in different industries and different regions with the influence of macroeconomic environment.
Does mixed ownership reform influence innovation strategy choice?
The main research conclusions are as follows: (1) Mixed ownership reform can indeed influence the innovation strategy choice, which is reflected in the fact that such reform can promote the increase of exploratory innovation investment and sustainability.
How does the mixed-ownership reform of SOEs work?
At present, the mixed-ownership reform of SOEs is notably conducted through a two-way street. First, the change of the ownership structure of SOEs resulted in the perpetual introduction of non-state-owned shareholders in the process of mixed-ownership reform.
Does mixed ownership improve efficiency of state-owned enterprises?
For different ownership enterprises are subject to constraints, empirical research from different time periods, different industries econometric model of specific results, although there are some differences, but have verified the development of mixed ownership is conducive to promoting the efficiency of state-owned enterprises to improve.