A Legal Theory of State-Owned Enterprises: The China Experience - Image 1

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Cambridge University Press A Legal Theory of State-Owned Enterprises: The China Experience

Name: A Legal Theory of State-Owned Enterprises: The China Experience
Brand: Cambridge University Press
Price: 91.07 GBP
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Law

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Description

The privatization of state-owned enterprises (SOEs) is more accurately described as a process of legalization rather than liberalization, given that the state often continues to regulate private enterprises even after privatization. This process requires clearly defining the boundaries between public power and private property, which entails significant social costs. The continued prevalence of SOEs in China is largely due to the difficulty of defining these boundaries, especially in sectors where safeguarding private property clashes with state priorities. Such sectors include water utilities, coal mining, commercial banking, and infrastructure, where competing state goals complicate the full privatization of the market. Therefore, it is essential to be cautious against the legal centrist view' that assumes law is inherently superior to state ownership. Privatizing SOEs is not merely the transfer of equity-it demands the establishment of advanced legal and regulatory frameworks, making it a complex and gradual endeavor.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 1009457683
Category: Books > Subjects > Business, Finance & Law > Law
Domain: Amazon UK
Release Date: 19 February 2026
Listed Since: 27 May 2025

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Cambridge University Press A Legal Theory of State-Owned Enterprises: The China Experience

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