Performance contracts are widely used to reform state-owned enterprises. By June 1994, there were 565 such contracts in 32 developing countries, used prinicipally to reform large utilities and other monopolies, and roughly another 103,000 in China, where they are also used to reform state manufacturing enterprises. A performance contract is a written agreement between the manager of a state enterprise (who promises to achieve specific targets in a...
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1998/05/31
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Рабочий документ в рамках исследования вопросов политики
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WPS1919
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1
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1
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2010/07/01
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The empirical effects of performance contracts: evidence from China
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township and village enterprise
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