- Original authors / creators
- Zhibin Zhang; Lishu Zhang; Aihua Xiong
- Original publication
- PLOS ONE · Public Library of Science · 2024-05-02
- License & retained notices
- CC BY 4.0
© 2024 Zhang et al
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This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. Article-specific license URL: https://creativecommons.org/licenses/by/4.0/ - Edition changes
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- Evidence limits
- Adjacent research, not a directly sampled family-office study. Applicability to a family office requires separate assessment. This study has several limitations. Firstly, it primarily focuses on the mixed ownership reform of Chinese state-owned enterprises, thus limiting the generalizability of the conclusions to other regions. Secondly, the research relies predominantly on quantitative methods and lacks a diverse methodological approach, such as qualitative studies and case analyses, potentially hindering a comprehensive understanding of the impact mechanisms of non-state shareholder governance. Additionally, the study’s timeframe extends only until 2019, failing to capture the dynamic processes of the mixed ownership reform comprehensively and potentially overlooking recent impacts of governance reforms. Future research can explore several directions: Firstly, there is a need to deepen the study of governance mechanisms, with a focus on understanding the specific impact of non-state shareholders on the operational aspects of governance mechanisms within state-owned enterprises. Secondly, investigating the variations in the governance effectiveness of non-state shareholders across different industries and company sizes would provide valuable insights. Thirdly, conducting more longitudinal studies to track the long-term effects of governance reforms would enhance our understanding of the sustained impact of these reforms. Lastly, extending the scope of research to include other countries and comparing governance models in different nations would offer comparative insights into state-owned enterprise reforms globally. By addressing these research avenues, future studies can achieve a more comprehensive understanding of the impact of mixed ownership reforms on the governance of state-owned enterprises, providing more targeted recommendations and policy support.
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