Professional Managers and Long-term Investment in State-owned Enterprises

Autor: Yu Lingli, Wu lan, Mao Liqing
Rok vydání: 2020
Předmět:
Zdroj: E3S Web of Conferences, Vol 214, p 02039 (2020)
ISSN: 2267-1242
DOI: 10.1051/e3sconf/202021402039
Popis: In the background of mixed ownership reform, the introduction of professional managers in state- owned enterprises is to gradually integrate with the market, participate in market competition, and improve the efficiency of state-owned assets. However, due to the late introduction of China, the professional manager system of state-owned enterprises is constantly developing and improving. The results of this study show that the introduction of professional managers in state-owned enterprises will reduce the long-term investment of enterprises, but it is not significant in the case of the combination of manager and chairman. This paper puts forward a new direction and thinking for the construction of professional manager system.
Databáze: OpenAIRE