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Failed State of Enterprise

Title: A Failed State of Enterprise: Communism and Corporate Crime in Chinese State-Owned Enterprise.
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Name(s): Daniels, Lucas, author
Program in International Affairs
Type of Resource: text
Genre: Text
Issuance: serial
Date Issued: 2013
Physical Form: computer
online resource
Extent: 1 online resource
Language(s): English
Abstract/Description: The goal of this paper is to take a comprehensive look into the history and functioning of state-owned enterprise (SOEs) in China, in order to examine the extent of their role in the Chinese economy. After analyzing the size and productivity of these SOEs, the conclusion is one of pessimism toward the reality of China's economic growth rate, and the efficacy of SOEs. As a crucial part of China's economic planning, SOEs are destabilizing the Chinese economy, and are threatening the viability of China becoming a stable developed nation. First, the historical background from which SOEs rose to dominate the economy will be laid out to address how the foundations of the China's economic model are based in Communist protectionism. A basic description of state-owned enterprise will be presented, and the nature of economic reform in China will be addressed. Assertions laid out by Chinese optimists will be examined in the context of political imperatives. Second, a detailed analysis will examine the operations of China's state owned banks with regard to SOEs. The specific issue of non-performing loans (NPLs) and inequitable lending practices will be discussed as a major part of the Chinese financial sector. Third, the inefficiencies of SOEs will be explained through quantitative analysis and a political lens. A case study on the Chinese airline industry will be used as support for the evidence put forth. Fourth, the corruption of and within SOEs following the reform efforts of the Communist Party will be highlighted. Finally, the inconsistency the before mentioned facets have caused in the legal affairs of enterprises will be presented, and a prescription for future reform will be put forward.
Identifier: FSU_migr_uhm-0232-P (IID)
Keywords: China, Economy, SOEs, Communism, Reform, TVEs, NPLs, Business Law, Corruption
Submitted Note: A Thesis submitted to the Department of International Affairs In partial fulfillment of the requirements for graduation with Honors in the Major.
Degree Awarded: Spring Semester, 2013.
Date of Defense: April 19, 2013.
Subject(s): Asia -- Study and teaching
Business ethics
Commercial law
Liability (Law)
Social responsibility of business
Economic policy
Mathematical models
Research -- Methodology
Persistent Link to This Record: http://purl.flvc.org/fsu/fd/FSU_migr_uhm-0232-P
Restrictions on Access: http://creativecommons.org/licenses/by-nc-sa/3.0/
Owner Institution: FSU
Is Part of Series: Honors Theses.

Choose the citation style.
Daniels, L. (2013). A Failed State of Enterprise: Communism and Corporate Crime in Chinese State-Owned Enterprise. Retrieved from http://purl.flvc.org/fsu/fd/FSU_migr_uhm-0232-P

Title: A Failed State of Enterprise: Communism and Corporate Crime in Chinese State-Owned Enterprise.
Name(s): Daniels, Lucas, author
Program in International Affairs
Type of Resource: text
Genre: Text
Issuance: serial
Date Issued: 2013
Physical Form: computer
online resource
Extent: 1 online resource
Language(s): English
Abstract/Description: The goal of this paper is to take a comprehensive look into the history and functioning of state-owned enterprise (SOEs) in China, in order to examine the extent of their role in the Chinese economy. After analyzing the size and productivity of these SOEs, the conclusion is one of pessimism toward the reality of China's economic growth rate, and the efficacy of SOEs. As a crucial part of China's economic planning, SOEs are destabilizing the Chinese economy, and are threatening the viability of China becoming a stable developed nation. First, the historical background from which SOEs rose to dominate the economy will be laid out to address how the foundations of the China's economic model are based in Communist protectionism. A basic description of state-owned enterprise will be presented, and the nature of economic reform in China will be addressed. Assertions laid out by Chinese optimists will be examined in the context of political imperatives. Second, a detailed analysis will examine the operations of China's state owned banks with regard to SOEs. The specific issue of non-performing loans (NPLs) and inequitable lending practices will be discussed as a major part of the Chinese financial sector. Third, the inefficiencies of SOEs will be explained through quantitative analysis and a political lens. A case study on the Chinese airline industry will be used as support for the evidence put forth. Fourth, the corruption of and within SOEs following the reform efforts of the Communist Party will be highlighted. Finally, the inconsistency the before mentioned facets have caused in the legal affairs of enterprises will be presented, and a prescription for future reform will be put forward.
Identifier: FSU_migr_uhm-0232 (IID)
Keywords: China, Economy, SOEs, Communism, Reform, TVEs, NPLs, Business Law, Corruption
Submitted Note: A Thesis submitted to the Department of International Affairs In partial fulfillment of the requirements for graduation with Honors in the Major.
Degree Awarded: Spring Semester, 2013.
Date of Defense: April 19, 2013.
Subject(s): Asia -- Study and teaching
Business ethics
Commercial law
Liability (Law)
Social responsibility of business
Economic policy
Mathematical models
Research -- Methodology
Persistent Link to This Record: http://purl.flvc.org/fsu/fd/FSU_migr_uhm-0232
Restrictions on Access: http://creativecommons.org/licenses/by-nc-sa/3.0/
Owner Institution: FSU
Is Part of Series: Honors Theses.