Chinese Firms Between Hierarchy and Market: The Contract Management Responsibility System in China (1995 edition.)

This book is about the enterprise reform in China in general, and the Contract Management Responsibility System (the CMRS) in particular.

The latter is an institutional arrangement to deal with the relation between the government and the state-owned enterprise which has always been at the centre of the enterprise reform.

This research is based on four in-depth case studies of Chinese state-owned companies.