The impact of business group affiliation on performance: evidence from China's 'national champions' | Zendy

Paul Guest | Zendy; Dylan Sutherland | Zendy

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The impact of business group affiliation on performance: evidence from China's 'national champions'

Author(s) -

Paul Guest,

Dylan Sutherland

Publication year - 2009

Publication title -

cambridge journal of economics

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 1.261

H-Index - 83

eISSN - 1464-3545

pISSN - 0309-166X

DOI - 10.1093/cje/bep017

Subject(s) - china , library science , political science , management , economics , media studies , sociology , law , computer science

An important aspect of China's economic reforms has been an ambitious policy todevelop 100 or so large, internationally competitive business groups. Verylittle is known about these national champion groups or the benefits tosubsidiary firms of belonging to them. This study, building from insights andmethods used in existing literature, examines the performance of subsidiariesaffiliated to China's national champion groups. Our results find that theyperform comparatively well. We discuss possible reasons for this finding andcomment more generally on the important role that business groups now play inChina's reform and development

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