The Research of the Financing Behavior of Township-Villiage Enterprises in Mainland China: Based on South Chingsu

碩士 === 淡江大學 === 中國大陸研究所 === 86 ===   The issue that the history of the Township-Village Enteiprises(TVEs) in the southern Chingsu Area in Mainland China is analyzed based upon the theories of political-enterprise relationship in this research report. Through the analyzing strategy, I attempt to dis...

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Bibliographic Details
Main Authors: Chao, Ke-Hua, 趙克華
Other Authors: Kao, Charng
Format: Others
Language:zh-TW
Published: 1998
Online Access:http://ndltd.ncl.edu.tw/handle/13707623955199579204
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Summary:碩士 === 淡江大學 === 中國大陸研究所 === 86 ===   The issue that the history of the Township-Village Enteiprises(TVEs) in the southern Chingsu Area in Mainland China is analyzed based upon the theories of political-enterprise relationship in this research report. Through the analyzing strategy, I attempt to discuss the influence in the development of TVEs from the state government of Mainland China.   In addition, the issues that the interaction between the local government and the TVEs after the change of the Open-Market Policy, as well as the financial behavior of TVEs, which comes from the adjustment of both the state and local governments, are to be discussed.   Besides, the comparison between TVEs and state-owned enterprises, as well as the difference in financial behavior among various areas are also stated here.   The conclusions of this research are as followed:   a.The local government has played an activating role in the development of TVEs in southern Chingsu. The multi-goals of the enterprises resulted from the interference of the local government, and the negative effects originated from the political-financial system have gradually limited the development of TVEs.   b.Ever since the middle of the 80s,the fund resource of TVEs in southern Chingsu has already established its specific mechanism. First, the local governments provoked the fund of enterprises. Second, the market competition has facilitated the accumulation of enterprise fund under such financial system. Third, the change and development of the finance in rural areas creates the condition for multi-finance resource. Fourth, the open market provides an important resource for the enterprise fund.   c.The assistance from the state government can be categorized into the District-Oblique Policy, Industry-Oblique Policy and the Ownership-Oblique Policy. The local governments are critical in deciding where the fund should be invested. The resources of the TVEs fund include the loan from both the formal and informal financial institutes, or various investing fund, etc.   d.In comparison with TVEs, the fund resource of the state-owned enterprises is simpler. The stateowned enterprises depend more on the loan from the banks, and are easier to get the loan. Generally speaking, it doesn''t make much difference for the TVEs to get fund in different areas. What makes the difference is the structural percentage of the fund resource. Those consequences such as the involvement of the local governments, the traditional cultures and economic development as well as the percentage of various types of TVEs will result in the different structural percentage in the fund resource for the local TVEs.   e.Nowadays, the major concern for the economic reform in Mainland China lies in the change of state-owned enterprises. Therefore, the assistance for the TVEs from the state government is quite limited.