Table 1

Sample characteristics (N = 350)

CharacteristicsNo(%)
# of employees<104613.1%
10–10020358.0%
100–3007822.3%
>300236.6%
Type of businessState-owned enterprise318.9%
Collectively-owned enterprise30.9%
Private enterprise26676.0%
Joint-venture enterprise61.7%
Hong Kong-Macao-Taiwan invested enterprises41.1%
Foreign enterprises174.9%
Other types236.6%
Firm age<34813.7%
3–813839.4%
9–1510530.0%
>165916.9%
Total 350100

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