Table 3 Assessing the degree of property rights protection based on each province’s mergers and reorganizations policy
Province | Can privately run coal mines be main parties in mergers and or reorganizations either independently or jointly? | Do coal mines being merged or reorganized have equal bargaining power? | Is the mergers and reorganizations policy for each province favorable in protecting property rights of private coal mine enterprises? |
|---|---|---|---|
Beijing | No | No | Very unfavorable |
Hebei | Not allowed in principle | No | Very unfavorable |
Shanxi | Not allowed in principle | No | Very unfavorable |
Inner Mongolia | Yes | More or less equal | Favorable |
Henan | No | No | Very unfavorable |
Heilongjiang | Partially allowed | Partially equal | Fairly unfavorable |
Jilin | Yes | Yes | Favorable |
Liaoning | Partially allowed | Partially equal | Fairly unfavorable |
Anhui | No | No | Very unfavorable |
Jiangxi | Yes | Yes | Favorable |
Fujian | More or less allowed | More or less equal | Fairly favorable |
Hubei | Yes | Yes | Favorable |
Hunan | More or less allowed | Yes | Favorable |
Sichuan | Yes | Yes | Favorable |
Chongqing | Yes | Yes | Favorable |
Guizhou | Yes | Yes | Favorable |
Yunnan | Yes | Yes | Favorable |
Guangxi | Yes | Yes | Favorable |
Shaanxi | Partially allowed | Mostly equal | Fairly favorable |
Gansu | Yes | Yes | Favorable |
Ningxia | Not allowed in principle | No | Very unfavorable |
Xinjiang | Yes | Yes | Favorable |
Qinghai | Fairly favorable |