A Review of Performance Management in State-owned Enterprises and Private Enterprises in China

Research Article
Open access

A Review of Performance Management in State-owned Enterprises and Private Enterprises in China

Xueru Deng 1 , Xinze Liu 2 , Ruiyue Wang 3*
  • 1 Universiti putra Malaysia    
  • 2 Tianjin Foreign Studies University    
  • 3 The Chinese University of Hong Kong, Shenzhen    
  • *corresponding author 120020114@link.cuhk.edu.cn
Published on 26 October 2023 | https://doi.org/10.54254/2753-7048/17/20231256
LNEP Vol.17
ISSN (Print): 2753-7056
ISSN (Online): 2753-7048
ISBN (Print): 978-1-83558-059-2
ISBN (Online): 978-1-83558-060-8

Abstract

In order to improve profits, the theory of enterprise performance management has formed a corresponding theoretical framework and system. Enterprises can improve performance management methods based on their own situation. This research compares the differences between state-owned enterprises and private enterprises through literature review. The existing papers mainly focus on performance feedback and communication mechanisms, the application of performance management and corporate strategy, and the enthusiasm of employees to participate in performance management. The existing papers mainly focus on performance feedback and communication mechanisms, the application of performance management in line with company strategies, and the initiative of employees to participate in performance management. Neglecting the specific role of state-owned enterprises and not combining performance management with their social responsibility. In addition, the imperfect performance indicator system has also led to the problem of not being greatly influenced by subjective factors within the enterprise. The accuracy of performance evaluation in many enterprises is often influenced by human factors. The design of performance management evaluation indicators is not scientific, the evaluation is unfair, the concept of human resource management is lack of correctness, strategic planning, single evaluation results, ineffective use, lack of follow-up, and frequent communication in performance management; The recruitment and allocation of personnel are unreasonable, the construction of the management system is highly arbitrary, and there is a significant subjective bias in performance evaluation.

Keywords:

state-owned enterprise, private enterprise, performance management

Deng,X.;Liu,X.;Wang,R. (2023). A Review of Performance Management in State-owned Enterprises and Private Enterprises in China. Lecture Notes in Education Psychology and Public Media,17,243-250.
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References

[1]. Bonache, J., Festing, M. (2020). Research Paradigms in International Human Resource Management: An Epistemological Systematisation of the Field. German Journal of Human Resource Management, 34(2), 99–123.

[2]. Mahesh, V. S. (1988). Effective Human Resources Management: Key to Excellence in Service Organizations. Vikalpa, 13(4), 9–16.

[3]. Mcbain, R. (2004). Human Resources Management. Henley Manager Update, 15(4), 21–34.

[4]. Rao, T. V. (1987). Planning for Human Resources Development. Vikalpa, 12(3), 45–51.

[5]. Mari, S. I., Memon, M. S., Midhat Ali, M., Qureshi, S. M., and Ramzan, M. B. (2021). Competency Framework Development for Effective Human Resource Management.SAGE Open, 11(2).

[6]. Li, W. (2010). Research on Enterprise Human Resource Performance Management System. Accounting Research, 24(11), 54-56.

[7]. Chen, M. (2016). The Role of Compensation and Performance Management in Human Resource Management of State Grid Enterprises. Human Resource Management (10),54.

[8]. He, Y. M. (2005). Analysis and Countermeasures on the Current Situation of Performance Management in State-owned Enterprises during the Transformation Period. Enterprise Economy, 12(08), 28-30.

[9]. Song, Y.J., Zheng, M. Z. (2009). Strategic Performance Management: A Propeller for Organizational Development. Journal of Technical Economics & Management, 0(3), 63-65.

[10]. Dang, Y., Liu, T. (2010). A Brief Analysis of the Existing Problems and Countermeasures of Performance Management in Chinese State-owned Enterprises. Economic Research Guide, 18(92), 28-30.

[11]. Zhang, X. F. (2011). Theoretical and Empirical Research on the Impact of State-owned Enterprise Performance. Jilin University.

[12]. Duan, W. C., Fu, H. (2010). Research on Enterprise Performance Management System Model Based on Life System Theory. Science and Technology Management Research, 30(06), 139-149.

[13]. Bai,Y. J., Yin, Z. F. (2011) . Study on the Performance Management in State-owned Enterprises. Technology and Management, 13(3), 126-129.

[14]. Li, T. H. (2009) . On Performance Management of State Owned Enterprises. Review of Economic Research, 59(72), 55-56.

[15]. Yu, S. H. (2010). State - owned Enterprise Performance Management Status and Countermeasures Analysis. Economic Research Guide, 32（106）, 36-3.

[16]. Lin, K.J., Lu, X., Zhang, J. and Zheng, Y. (2019). State-owned Enterprises in China: A Review of 40 Years of Research and Practice. China Journal of Accounting Research, 31(2020), 31-55.

[17]. Du, F., Tang, G., and Young, S. M. (2012). Influence Activities and Favoritism in Subjective Performance Evaluation: Evidence from Chinese State-Owned Enterprises. The Accounting Review, 87(5), 1555–1588.

[18]. Wu, Y. L., Zhang, T. Z. (2009). Innovation in the Form of Performance Evaluation in Strategic Management. Study & Exploration, 6(3), 170-172.

[19]. Kong, D.(2013). Research on Performance Management of Knowledge-based Talents in Private Enterprises Based on Organizational Commitment (Ph. D. Dissertation, Huaqiao University).

[20]. Zhang, Y. (2014). Research on Performance Appraisal of Private Enterprise Employees. Research on Financial Issues, 5(366), 166-169.

[21]. Mu, G., Sun, J. (2009). Human Resource Management in Small and Medium-sized Private Enterprises. Economic Management, 4(460), 82-87.

Cite this article

Deng,X.;Liu,X.;Wang,R. (2023). A Review of Performance Management in State-owned Enterprises and Private Enterprises in China. Lecture Notes in Education Psychology and Public Media,17,243-250.

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About volume

Volume title: Proceedings of the 4th International Conference on Educational Innovation and Philosophical Inquiries

ISBN：978-1-83558-059-2(Print) / 978-1-83558-060-8(Online)
Editor：Javier Cifuentes-Faura, Enrique Mallen
Conference website: https://www.iceipi.org/
Conference date: 7 August 2023
Series: Lecture Notes in Education Psychology and Public Media
Volume number: Vol.17
ISSN：2753-7048(Print) / 2753-7056(Online)

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References

[1]. Bonache, J., Festing, M. (2020). Research Paradigms in International Human Resource Management: An Epistemological Systematisation of the Field. German Journal of Human Resource Management, 34(2), 99–123.

[2]. Mahesh, V. S. (1988). Effective Human Resources Management: Key to Excellence in Service Organizations. Vikalpa, 13(4), 9–16.

[3]. Mcbain, R. (2004). Human Resources Management. Henley Manager Update, 15(4), 21–34.

[4]. Rao, T. V. (1987). Planning for Human Resources Development. Vikalpa, 12(3), 45–51.

[5]. Mari, S. I., Memon, M. S., Midhat Ali, M., Qureshi, S. M., and Ramzan, M. B. (2021). Competency Framework Development for Effective Human Resource Management.SAGE Open, 11(2).

[6]. Li, W. (2010). Research on Enterprise Human Resource Performance Management System. Accounting Research, 24(11), 54-56.

[7]. Chen, M. (2016). The Role of Compensation and Performance Management in Human Resource Management of State Grid Enterprises. Human Resource Management (10),54.

[8]. He, Y. M. (2005). Analysis and Countermeasures on the Current Situation of Performance Management in State-owned Enterprises during the Transformation Period. Enterprise Economy, 12(08), 28-30.

[9]. Song, Y.J., Zheng, M. Z. (2009). Strategic Performance Management: A Propeller for Organizational Development. Journal of Technical Economics & Management, 0(3), 63-65.

[10]. Dang, Y., Liu, T. (2010). A Brief Analysis of the Existing Problems and Countermeasures of Performance Management in Chinese State-owned Enterprises. Economic Research Guide, 18(92), 28-30.

[11]. Zhang, X. F. (2011). Theoretical and Empirical Research on the Impact of State-owned Enterprise Performance. Jilin University.

[12]. Duan, W. C., Fu, H. (2010). Research on Enterprise Performance Management System Model Based on Life System Theory. Science and Technology Management Research, 30(06), 139-149.

[13]. Bai,Y. J., Yin, Z. F. (2011) . Study on the Performance Management in State-owned Enterprises. Technology and Management, 13(3), 126-129.

[14]. Li, T. H. (2009) . On Performance Management of State Owned Enterprises. Review of Economic Research, 59(72), 55-56.

[15]. Yu, S. H. (2010). State - owned Enterprise Performance Management Status and Countermeasures Analysis. Economic Research Guide, 32（106）, 36-3.

[16]. Lin, K.J., Lu, X., Zhang, J. and Zheng, Y. (2019). State-owned Enterprises in China: A Review of 40 Years of Research and Practice. China Journal of Accounting Research, 31(2020), 31-55.

[17]. Du, F., Tang, G., and Young, S. M. (2012). Influence Activities and Favoritism in Subjective Performance Evaluation: Evidence from Chinese State-Owned Enterprises. The Accounting Review, 87(5), 1555–1588.

[18]. Wu, Y. L., Zhang, T. Z. (2009). Innovation in the Form of Performance Evaluation in Strategic Management. Study & Exploration, 6(3), 170-172.

[19]. Kong, D.(2013). Research on Performance Management of Knowledge-based Talents in Private Enterprises Based on Organizational Commitment (Ph. D. Dissertation, Huaqiao University).

[20]. Zhang, Y. (2014). Research on Performance Appraisal of Private Enterprise Employees. Research on Financial Issues, 5(366), 166-169.

[21]. Mu, G., Sun, J. (2009). Human Resource Management in Small and Medium-sized Private Enterprises. Economic Management, 4(460), 82-87.

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