The relationship between ownership and performance has been a vexing and, to a large extent, unresolved issue despite the existence of an extensive volume of theoretical and empirical literature on the subject. After about 20 years economic transition and development, China's experience provide the issue with new material for theoretical and empirical study. Synthesizing the background, thoughtfulness and method of the pervious literatures, the thesis trys to reveal the impact of ownership on the China's firms in the transitional surroundings.
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