State-Owned Enterprises, Market Competition and the Boundaries of Competition Law in Malaysia

The relationship between competition law and capital market in Iran

stock market is run by special regulations. accordingly, analyzing the issues about the relation between the competition law and capital market such as stock market officials and their boundaries in the context of setting, controlling and  enforcing rules, the generality or specificity of such rules, the controllability of stock market in comparison to the general competition rules and the stat...

Meeting the competition with a market-oriented organisation: A case of China’s state-owned enterprises

The past two decades have witnessed significant changes in China as it has moved from a centrally planned economy to a more market-oriented one. As a socialist nation, state owned enterprises (SOEs) continue to comprise a dominant part of economic activity in China. While many SOEs are inefficient and incur losses, economic reforms since the late 1970s have brought about irrevocable changes in ...

The State Competition Debate in Corporate Law

State Capacity, Capital Mobility, and Tax Competition

Abstract The theory of international tax competition suggests that governments attempt to attract mobile capital bases by undercutting the foreign capital tax rate. An analysis of the role that state capacity plays in tax policymaking under international pressures is, however, missing. The central contribution of our study is to highlight the importance of the interaction between state capaci...

Forthcoming in Economics of Transition Control, Incentives and Competition: The Impact of Reform on Chinese State-Owned Enterprises

Through the lens of the theory of the firm, I examine how a series of reforms affected performance of Chinese state-owned enterprises with a panel data of more than 500 firms. The study finds that performance improved with various reforms such as increasing competition, appointing new managers, using firm-level pay sensitivity, raising marginal profit retention rates, and allowing managers to d...