Agency problem and bureaucratic governance in the People's Republic of China
By: Chan Hon S.
Material type:
ArticleSubject(s): Public Administration -- China | Bureaucracy -- China
In:
International Journal of Public AdministrationSummary: This article argues that the Chinese idea of agency problem is misconstrued. The analysis provides an alternative approach to empirically reasses the nature of the problems, along the principal agent model. The article demonstrates the relevance of using law to make the case for the profitabiltily of examining the issues of bureaucratic governance from principal agent perspectives. The analysis concludes by arguing that bureaucratic governance in China cannot be achieved by intensifying hierarchical domination. The concern about agents moral quality cannot sufficiently induce responsible bureaucractic behaviour. The key to reinventing the bureaucratic state in China lies mainly on the recognition of the agents
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Articles
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Indian Institute of Public Administration | Available | AR27250 |
This article argues that the Chinese idea of agency problem is misconstrued. The analysis provides an alternative approach to empirically reasses the nature of the problems, along the principal agent model. The article demonstrates the relevance of using law to make the case for the profitabiltily of examining the issues of bureaucratic governance from principal agent perspectives. The analysis concludes by arguing that bureaucratic governance in China cannot be achieved by intensifying hierarchical domination. The concern about agents moral quality cannot sufficiently induce responsible bureaucractic behaviour. The key to reinventing the bureaucratic state in China lies mainly on the recognition of the agents
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