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THE LIMITS OF HIERARCHY ENTERPRISE CORPORATIONS IN CHINA

THE LIMITS OF HIERARCHY ENTERPRISE CORPORATIONS IN CHINA In shifting from central planning to market allocation of resources, a number of Chinese government organs were converted into enterprise corporations, hybrid governance structures which were supposed to attain the best of both market incentives and hierarchical coordination. This paper examines specific cases of enterprise corporations in light of the tradeoffs between markets and hierarchies predicted by transaction cost economics. It analyzes the problems which arose in the attempt to replicate the highpowered incentives of markets within hierarchies. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The International Journal of Organizational Analysis Emerald Publishing

THE LIMITS OF HIERARCHY ENTERPRISE CORPORATIONS IN CHINA

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1055-3185
DOI
10.1108/eb028793
Publisher site
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Abstract

In shifting from central planning to market allocation of resources, a number of Chinese government organs were converted into enterprise corporations, hybrid governance structures which were supposed to attain the best of both market incentives and hierarchical coordination. This paper examines specific cases of enterprise corporations in light of the tradeoffs between markets and hierarchies predicted by transaction cost economics. It analyzes the problems which arose in the attempt to replicate the highpowered incentives of markets within hierarchies.

Journal

The International Journal of Organizational Analysis – Emerald Publishing

Published: Mar 1, 1993

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