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以APP在中国的林业实践为案例,着重分析了林地产权安排(包括:集体林权制度改革以及林地资产的特殊性等)这一基础性因素对公司实施林工联合战略效率的影响。研究表明:林地产权控制的分散化、不完全的产权安排、林地资产的特殊性质均减低了林工纵向一体化战略效率,公司在林地组织和经营方面所采取的应对之策,对化解因林业产权改革形成的过高资产获取及管理成本具有明显效果。
Taking APP’s forestry practice in China as an example, this paper focuses on the impact of basic factors such as the reform of forestland property rights (including the reform of collective forest ownership system and the particularity of forestland assets) on the efficiency of forestry companies’integration strategy. The research shows that the decentralization of ownership control of forest land, incomplete property rights arrangement and the special nature of forest land assets all reduce the strategic efficiency of vertical integration of forestry industry, and the countermeasures adopted by the company in woodland organization and management. Property rights reform and the formation of high asset acquisition and management costs have a significant effect.