The Theory of the Firm and Chinese Enterprise Reform: The Case of China International Trust and Investment Corporation

by Xiao Qin and Qin Xiao

Changes to corporate structure, including the role of the corporate headquarters, have been key factors in bringing about economic reform in China. In this penetrating and insightful book, Xiao questions the conventional theory of the firm, arguing that the ultimate goal of the headquarters of modern large corporations is to function as a substitute for the market, and introducing a new explanation for the nature of the firm - the 'substitution...

• Format: Paperback
• Language: English
• ISBN: 0415652804
• ISBN13: 9780415652803
• Release Date: August 2014
• Publisher: Routledge
• Length: 224 Pages
• Weight: 0.85 lbs.
• Dimensions: 0.6" x 6.1" x 9.0"