Rent seeking behavior results in Quizlet

4 thoughts:

The interests of central SOEs are regarded as automatically defended and promoted by the government.

Because central SOE's are party members, they either have an automatic seat in policy making or are part of a guanxi network linked to state officials who have access to financial resources. As a result, they have an easier time overcoming government indifference, building trust, and compensating for institutional uncertainty. Therefore, there is little incentive for the heads of central SOEs to risk their political careers to push for new or different ideas and policies.

Central SOEs are incidental beneficiaries as ministries negotiate over, bargain for, and make elaborate deals among themselves on behalf of these national champions.

Central SOEs benefit from the protection of ministries through business associations that were originally created by official institutions. With the protection of such government agencies, central SOEs do not have to be active in promoting their own interests or ideas. Soft budget constraints

Introductory Business Statistics

1st EditionAlexander Holmes, Barbara Illowsky, Susan Dean

2,174 solutions

Statistical Techniques in Business and Economics

15th EditionDouglas A. Lind, Samuel A. Wathen, William G. Marchal

1,236 solutions

Principles of Economics

8th EditionN. Gregory Mankiw

1,335 solutions

Century 21 Accounting: General Journal

11th EditionClaudia Bienias Gilbertson, Debra Gentene, Mark W Lehman

1,012 solutions

Introductory Business Statistics

1st EditionAlexander Holmes, Barbara Illowsky, Susan Dean

2,174 solutions

Fundamentals of Engineering Economic Analysis

1st EditionDavid Besanko, Mark Shanley, Scott Schaefer

215 solutions

Century 21 Accounting: General Journal

11th EditionClaudia Bienias Gilbertson, Debra Gentene, Mark W Lehman

1,012 solutions

Principles of Economics

8th EditionN. Gregory Mankiw

1,335 solutions

Introductory Business Statistics

1st EditionAlexander Holmes, Barbara Illowsky, Susan Dean

2,174 solutions

Principles of Economics

7th EditionN. Gregory Mankiw

1,394 solutions

Fundamentals of Engineering Economic Analysis

1st EditionDavid Besanko, Mark Shanley, Scott Schaefer

215 solutions

Statistics for Business and Economics

13th EditionDavid R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams

1,692 solutions

Which of the following is a result of rent

What is rent

Which of the following is an example of rent

How does rent