Holding company risk in China: A final step of state-owned enterprises reform and an emerging problem of corporate governance

China Economic Review

Volumn 13, Issue 4, 2002, Pages 373-381

  Watanabe, Mariko ^a  

^a NONE

Author keywords

China; Corporate governance; Holding company; State owned enterprises

Indexed keywords

EID: 0036891635     PISSN: 1043951X     EISSN: None     Source Type: Journal    
DOI: 10.1016/S1043-951X(02)00094-9     Document Type: Article

References (6)

1. Annual report of Haier 2000, 2001. Available at: http://www.csrc.gov.cn/CSRCSite/ssgs/listcom.htm.
2. Annual report of Kelon 1999, 2000, 2001. Available at: http://www.csrc.gov.cn/CSRCSite/ssgs/listcom.htm.
3. Annual report of TCL 2001. Available at: http://www.tcl.com/.
4. Bebchuk, L. A., Kraakman, R., & Triantis, G. G. (2000). Stock pyramids, cross-ownership and dual class equity: the mechanisms and agency costs of separating control from cash-flow right. In R. K. Morck (Ed.), Concentrated corporate ownership (pp. 295-318). Chicago, U.S.: University of Chicago Press.
5. Watanabe, M. (2002a). Privatization to escape from "the government risk": capital structure and corporate behavior of home appliance companies. In K.-I. Imai (Ed.), Privatization of public owned enterprises in China (pp. 107-136). Japan: IDE Spot Survey, In Japanese, English version is forthcoming.
6. Watanabe, M. (2002b). The holding company risk behind strategic alliances between Sino-Japanese. AJIKEN World Trend, 88, 29-30 (Chiba, Japan).