Market liberalization and firm performance during China ’ s economic transition

Received: 5 June 2004 Revised: 2 May 2005 Accepted: 30 May 2005 Online publication date: 24 November 2005 Abstract This paper examines the impact of market liberalization on firm performance through institutional changes during the economic reform in China. The conceptualization focuses on the decentralization of control, ownership restructuring, and… CONTINUE READING