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The Efficiency Of Small Business' Institution And The Development Of China's Small Business

Posted on:2003-08-08Degree:MasterType:Thesis
Country:ChinaCandidate:C P ZhouFull Text:PDF
GTID:2156360062996037Subject:Political economy
Abstract/Summary:PDF Full Text Request
The institutions of small business consist of system of property rights, organization of property and the system of management etc. The choice of these institutions is the fundamental factor, which affect the efficiency of small business. The efficient environment is another important factor, which affect the efficiency of small business.On the system of property rights, small business should choose private enterprise with distinct boundary line of property rights. On the organization of property; small business should attach important to single proprietorship and partnership, not to always register in corporation, so as to abuse the limited liability. On the system of management, the classical firm's institution of integration of ownership and management is still an effective management model for small business, but the specific management pattern should be continuously innovated.The objective of government's policy is to reduce the transaction cost of small business and not to restrain the development of big business as to guide the resources to small business to promote the development of small business. The government's support measure should be of economy and law. The mot important outer environment obstruction of China's small business is to restrain government to intervene position resources, and to prevent government's opportunism to reduce institution's working cost.
Keywords/Search Tags:Small Business, Efficiency of Small Business' Institution, Arrangement of Small Business' Institution, Small Business' Institution Environments
PDF Full Text Request
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