LOCAL CORPORATISM AND RURAL ENTERPRISES IN CHINA REFORM

'Local corporatism' has been identified as a major factor in the rapid growth of the Chinese economy. The institutional environment, ownersh ip, political and social factors operate along with economic factors i n explaining local corporatism and differences in the degree of corpor atism of collective and private enterprises with local governments. Th e differences lead to the distinction between collective and private e nterprises in terms of organizational characteristics. This is confirm ed by data from 132 rural enterprises in China.