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principles of trust. Furthermore, trust management differs from the (Soviet) concepts of ‘economic ownership’ ( kho- ziaistvennoe vedenie ) and ‘administrative (operative) management’ ( operativnoe upravlenie ), on the one hand, and from the classic common-law form of trust, on the other. The transplant of

In: Review of Central and East European Law
Authors: Yingxin Wu and Xianbo Zhou

This paper presents a measurement of the technical efficiency of textile industries with 4-digit codes in China by using the cross-section data from 2002 and 2007 and a fully nonparametric stochastic frontier estimation approach. The technical efficiency of these textile industries is compared across six economic ownership types and across seven regions in China. This uncovers the effects of the proprietary characteristics and the location of a firm on its technical efficiency performance. The nonparametric estimation provides some interesting findings. First, textile production in China performs with a decreasing return to scale. The difference between the output elasticity of labor and that of capital decreases from the year 2002 to 2007. Second, the technical efficiency of the 4-digit textile industry in China is significantly contingent on its ownership and location. Privately-run textile enterprises on average perform with the highest level of technical efficiency among the six ownership types while state-owned enterprises perform with the lowest level of technical efficiency, whether or not the location dummies are accounted for. Third, the technical efficiency evaluated by regions follows the order: “eastern area > southern area > central area > northern area,” which remains unchanged across the two years.

In: Frontiers of Economics in China

founded by business partnerships and companies, social and religious organizations, associations, charity funds, and other enterprises that are not in state or municipal ownership and are based on the right of full economic ownership, are subject to transformation into business partnerships, companies, or

In: Review of Central and East European Law

Enterprises Based on the Right of Economic Ownership ..................... 312 Art. 115. Unitary Enterprise Based on the Right of Operative Management .................... 313 3 § 5. Non-Commercial Organizations Art. 116. Consumer Cooperative

In: Review of Central and East European Law
Author: Peter Roudik

adopted in Russia maintain residual elements of a planned economy such as (full) “economic ownership” ([ polnoe ] khoziaistvennoe vedenie ) and “operative management” ( operativnoe upravlenie ). She reviews different forms of state enterprises in Russia and views “trust management” ( doveritel

In: Review of Central and East European Law
Author: Jon Gubbay

the mid-1970s, Wright had usefully employed the criteria of possession and economic ownership in order to characterise the extent to which managers and supervisors are tied . into organisational goals. Economic ownership is the 'power to assign the means of production to given uses' while possession

In: Historical Materialism

's Characteristics on Son's Social Position a) Self-employed who have no empoloyees. position than by the father's business ownership confirms partly the Robinson- Kelley thesis of indirect transfer of economic control separated from economic ownership. The process of intergenerational prestige reproduction is much

In: International Journal of Comparative Sociology

of a thing may be the owner or a person having the right of economic ownership thereover. A person to whom a thing belongs by right of economic ownership is entitled to pledge it without consent of the owner in the instances provided for by section 2 of Article 295 of this Code. 3. The pledgor of a

In: Review of Central and East European Law

Legal Person 1. An organization that has distinct property by way of ownership, economic ownership, or operative management and is liable for its obliga- tions with this property, may in its own name acquire and exercise property and personal non-property rights, bear duties, and appear as a plaintiff

In: Review of Central and East European Law
Author: George E. Glos

state economic ownership. Similarly, with respect to any other land, the Civil Code of 1964, article 490, does not rule out the existence of a surviving individual legal title to it, although the economic nature of holding of that land is socialist. Landholding is looked upon from the economic point of

In: Review of Socialist Law