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The Impact of Business Group Affiliation on Performance: Evidence from China’s ‘National Champions

Guest, P (2009) The Impact of Business Group Affiliation on Performance: Evidence from China’s ‘National Champions Cambridge Journal of Economics. pp. 617-631.

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Abstract

An important aspect of China’s economic reforms has been an ambitious policy to develop 100 or so large, internationally competitive business groups. Very little is known about these national champion groups or the benefits to subsidiary firms of belonging to them. This study, building from insights and methods used in existing literature, examines the performance of subsidiaries affiliated to China’s national champion groups. Our results find that they perform comparatively well.We discuss possible reasons for this finding and comment more generally on the important role that business groups now play in China’s reform and development.

Item Type: Article
Divisions : Faculty of Arts and Social Sciences > Surrey Business School
Authors :
AuthorsEmailORCID
Guest, PUNSPECIFIEDUNSPECIFIED
Date : 8 June 2009
Identification Number : 10.1093/cje/bep017
Additional Information : This is a pre-copyedited, author-produced PDF of an article accepted for publication in Cambridge Journal of Economics following peer review. The version of record Guest P. The Impact of Business Group Affiliation on Performance: Evidence from China’s ‘National Champions Cambridge Journal of Economics 34(4):617-631 08 Jun 2009 is available online at: http://dx.doi.org/10.1093/cje/bep017
Depositing User : Symplectic Elements
Date Deposited : 25 Aug 2015 17:51
Last Modified : 25 Aug 2015 17:53
URI: http://epubs.surrey.ac.uk/id/eprint/714005

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