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Between Profitability and Bankruptcy
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China's Industrial State-Owned Enterprises:<br>Between Profitability and Bankruptcy

ship to U.S. locations by UPSWSPC9812383328US$64.00 
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ISBN 981-238-332-8
World Scientific Publishing
by Carsten A Holz (Hong Kong University of Science and Technology)
August 2002
Hardcover, 372 pages
US$58
US$6 for U.S. delivery by UPS, US$18 for outside of U.S. delivery by airmail


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Abstract
After decades of declining profitability, China's industrial state-owned enterprises appear obsolete. This book relies on extensive data and quantitative analysis to examine the reasons for the decline in profitability, to ascertain their current profitability patterns across various dimensions, and to account for any profitability gap with enterprises in other ownership forms. Recent reform measures are evaluated. A differentiated picture emerges which makes past developments comprehensible and illuminates the prospects of the reform of industrial state-owned enterprises in China.

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