主办部门 | 世经国贸系 | ||
讲座主题（会议名称）
| Profits or Politics? Private Control Transfer and Firm Performance in China | ||
现场负责人 | 丁浩员 | 联系电话 | 65907338 |
举办时间 | 11月22日，15：30 — 17：00 | 举办地点 | 十大赌博正规信誉网址武东路校区119 |
活动参与人数规模
| 20 | 联络人及联系电话 | 刘益如 |
65907868 | |||
主讲人姓名、单位、职称/职务及简历（外籍人士同时注原文） | 战嵩，经济学博士。现任南京审计大学银行与货币研究院经理助理、助理教授，主要研究方向为公司金融、兼并重组、风险承担。 | ||
讲座内容摘要（会议议程） | We investigate the private control transfers for China’s listed SOEs. We find that economic and political factors both affect these decisions. In particular, less productive SOEs with poor financial conditions face higher probability of private control transfers. And, the likelihood of transfers is especially higher for SOEs in the non-strategically industries or SOEs affiliated to the municipal governments. Furthermore, private control transfer could bring substantially improvement for profitability, productivity, and financial conditions, and the sources of improvements in productivity mainly comes from labor reduction. We also find transfer with the change of main business has more positive effects on firm performance in comparisons with those without any change. Our results suggest that Chinese government should continue to play a more active role in transferring control of poor listed SOEs to private entities and have moderate intervention of the corporate sector. | ||
公司审批意见 |
负责人签（章） 年 月 日 | ||
