Governing Enterprises In China

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Governing Enterprises in China

Author : Zhang Cheng,Rajah Rasiah,Kee Cheok Cheong
Publisher : Springer Nature
Page : 175 pages
File Size : 51,7 Mb
Release : 2021-06-24
Category : Social Science
ISBN : 9789811631160

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Governing Enterprises in China by Zhang Cheng,Rajah Rasiah,Kee Cheok Cheong Pdf

This book examines the nature of the marketization of corporate boards following the introduction of the split share reform, corporate board and shareholder relations, corporate performance, and risk-taking conduct in China. The chapters cover topics such as determinants of corporate board size and independence, corporate risk-taking conduct under different controlling shareholder types. The book deepens our understanding of corporate governance mechanisms as most previous studies have limited their findings using mainstream perspectives grounded on neoclassical theory. It outlines that China’s corporate board composition is determined by the board’s scope of operation, monitoring, bargaining power, and other governance mechanisms and regulations. It also offers a comparison between China’s experience with other economies in general and other transition economies in particular. As such, the book represents an essential overview of the current concerns regarding corporate governance in China. It is of great interest to legal researchers, policymakers, and legal practitioners working with business investments in China.

Understanding Corporate Governance in China

Author : Bob Tricker,Robert Ian Tricker,Gregg Li
Publisher : Unknown
Page : 0 pages
File Size : 45,8 Mb
Release : 2019
Category : Corporate governance
ISBN : 9888455702

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Understanding Corporate Governance in China by Bob Tricker,Robert Ian Tricker,Gregg Li Pdf

China has traveled a unique road to reach its present economic significance in the world with corporate governance central to political and economic policy. In Understanding Corporate Governance in China, Bob Tricker and Gregg Li look at a variety of companies in China and the challenges they face. Based on in-depth interviews with business leaders, entrepreneurs, auditors, bankers, lawyers, and others closely involved in corporate governance in China, they argue that corporate governance involves more than company law, governance guidelines, and the rules of the stock exchanges and regulatory authorities. Culture and ethics lie at the core of corporate governance. In Chinese business these are still evolving, and business-government relations continue to change. It is vital to understand how business people and officials act in practice in China. They also explain how the regulatory framework of corporate governance in Hong Kong increases the sophistication. As more and more companies based in mainland China are listed on the Hong Kong Stock Exchange and increasingly dominate the Hong Kong market, the business worlds of China and Hong Kong become intertwined and grow together. After a brief introduction to the basic theories of corporate governance and the evolution of corporate governance in China, the book guides the reader through current issues and practices in both mainland China and Hong Kong. Topics like Chinese culture and ethics, the regulatory corporate governance framework in mainland China and Hong Kong, the function and practice of the board of directors in China, and the governance of Chinese companies abroad are covered.

Corporate Governance of Listed Companies in China Self-Assessment by the China Securities Regulatory Commission

Author : OECD
Publisher : OECD Publishing
Page : 108 pages
File Size : 44,9 Mb
Release : 2011-09-22
Category : Electronic
ISBN : 9789264119208

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Corporate Governance of Listed Companies in China Self-Assessment by the China Securities Regulatory Commission by OECD Pdf

By assessing a broad range of laws, regulations and codes, this book provides a valuable reference for understanding how much has been achieved in Chinese corporate governance and the main ambitions of future reform efforts.

Chinese Corporate Governance

Author : Yong Kang,Lu Shi,Elizabeth D. Brown
Publisher : Rand Corporation
Page : 62 pages
File Size : 40,7 Mb
Release : 2008
Category : Business & Economics
ISBN : 9780833046116

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Chinese Corporate Governance by Yong Kang,Lu Shi,Elizabeth D. Brown Pdf

As China has aligned itself more closely with the international economy, it has also sought to adopt more Western-style corporate governance mechanisms. This report provides an overview of overview of corporate governance mechanisms in China, as well as an examination of continuing challenges and policy implications.

Corporate Governance and Resource Security in China

Author : Xinting Jia,Roman Tomasic
Publisher : Routledge
Page : 190 pages
File Size : 43,6 Mb
Release : 2009-10-20
Category : Business & Economics
ISBN : 9781135254469

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Corporate Governance and Resource Security in China by Xinting Jia,Roman Tomasic Pdf

Corporate governance has become a household term and investors across the world are demanding more transparency and accountability from controllers of listed corporations. The current resources boom that has been driven by soaring demand from China has brought China’s listed resources companies into focus. Some of these companies are beginning to be known internationally, such as Sinopec, PetroChina, CNOOC (in the oil industry) and CHALCO (aluminium); but their governance structures are often not well known. This book explores the corporate governance of these listed companies. Compared with the governance of global companies, such as BHP Billiton, Rio Tinto, Shell, Shevron, the governance of China’s resources companies has special characteristics. While the authors focus is on the governance of resources companies in China, this book also tackles contemporary issues of resource security and environmental change which are closely related to the depletion of the world’s natural resources. Case studies of other international resources giants such as BHP Billiton, Rio Tinto, Shell and Chevron are provided to enhance our understanding of the differences that exist between them and Chinese resources companies. This book will be of interest to the business community and to those readers who are interested in China and its governance related issues.

The Development of Corporate Governance in China

Author : On Kit Tam
Publisher : Edward Elgar Publishing
Page : 152 pages
File Size : 46,7 Mb
Release : 1999
Category : Business & Economics
ISBN : STANFORD:36105023599579

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The Development of Corporate Governance in China by On Kit Tam Pdf

rExamines how corporate governance has and should be developed in China to meet the challenges of enterprise and financial reform. It highlights economic, social and political issues that China needs to confront to transform state-owned industrial enterprises into a competitive corporate sector.

Corporate Governance in China

Author : Giovanni Pisacane
Publisher : Springer
Page : 178 pages
File Size : 48,9 Mb
Release : 2017-04-18
Category : Law
ISBN : 9789811039119

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Corporate Governance in China by Giovanni Pisacane Pdf

This book provides useful tools and information to help readers understand the key factors involved in organizing, structuring and managing a company in China. It achieves this by focusing on the critical issues that foreign investors and professionals encounter in China and using a clear and practical overview of Corporate Governance, Structure and Management of Foreign-Invested Enterprises under Chinese Law following the introduction of the 2015 Draft Foreign Investment Law. This latest reform project will likely have a major impact on the investment landscape, as it calls for the replacement and unification of the three Foreign Investment Laws currently in place, resulting in important changes in the legal framework governing foreign investments.The book examines company structures, together with their functions and relevant liabilities. Further, it addresses the respective positions held in a company in order to better understand the stakes each holds in Corporate Governance: the shareholders, legal representative, board of shareholders, board of directors, board of supervisors and the general manager. Unique aspects of the Chinese company system are also highlighted, such as company seals, shareholders' rights and potential company deadlock. As such, the book represents an essential overview of the current concerns regarding Corporate Governance in China, offering readers a broad perspective on the Chinese legal system and answers to the most frequent questions that arise.

Corporate Governance and China's H-share Market

Author : Alice De Jonge
Publisher : Edward Elgar Publishing
Page : 323 pages
File Size : 50,5 Mb
Release : 2008-01-01
Category : Business & Economics
ISBN : 9781848442788

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Corporate Governance and China's H-share Market by Alice De Jonge Pdf

Using detailed case studies of the first nine mainland Chinese companies to be listed on the Hong Kong stock exchange (1993 94), Alice de Jonge examines the evolution of corporate governance law and culture in China s H-share market. A story emerges not of tensions between ideas of corporate governance from two different legal systems Hong Kong vs. mainland Chinese nor about legal convergence as China adopts concepts from Anglo-American jurisdictions. Rather, it is a story of individual firms being pragmatic in mediating the different agendas of state-agencies that own or control them. Corporate Governance and China s H-Share Market looks at corporate governance in a cross-border context is unique in providing a detailed understanding of China s H-share market reveals why a beer company was the first ever Chinese firm to be listed overseas. This fascinating work will appeal to postgraduate students and scholars of corporate governance, Asian law and legal systems and Asian business, as well as Chinese scholars more generally. Professionals such as law practitioners working in Chinese law will also find the book of interest.

Governing and Ruling

Author : Changdong Zhang
Publisher : University of Michigan Press
Page : 350 pages
File Size : 40,6 Mb
Release : 2021-10-27
Category : BUSINESS & ECONOMICS
ISBN : 9780472055012

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Governing and Ruling by Changdong Zhang Pdf

Studies how the Chinese Communist Party uses and reforms its taxation institution to promote economic growth and governance quality while limits the emerging capitalists' political demand

China

Author : Gungwu Wang,Yongnian Zheng
Publisher : World Scientific
Page : 556 pages
File Size : 50,5 Mb
Release : 2013
Category : Business & Economics
ISBN : 9789814425834

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China by Gungwu Wang,Yongnian Zheng Pdf

China has achieved significant socio-economic progress and has become a key player on the international stage after several decades of open-door and reform policy. Looking beyond China's transformation, this book focusses on the theme of governance which is widely regarded as the next most critical element to ensure that China's growth remains sustainable.Today, China is confronted with a host of pressing challenges that call for urgent attention. These include the need to rebalance and restructure the economy, the widening income gaps, the poor integration of migrant populations in the urban areas, insufficient public housing and healthcare coverage, the seeming lack of political reforms and the degree of environmental degradation. In the foreign policy arena, China is likewise under pressure to do more to address global concerns while not appearing to be overly aggressive. The next steps that China takes would have a great deal to do with governance, in terms of how it tackles or fails to address the myriad of challenges, both domestic and foreign.China: Development and Governance, with 57 short chapters in total, is based on up-to-date scholarly research written in a readable and concise style. Besides China's domestic developments, it also covers China's external relations with the United States, Japan, Korea and Taiwan. Non-specialists, in particular, should find this volume accessible and useful in keeping up with fast-changing developments in East Asia.

Corporate Governance of Listed Companies in China

Author : Organisation for Economic Co-operation and Development Staff
Publisher : Unknown
Page : 104 pages
File Size : 40,6 Mb
Release : 2011
Category : Corporate governance
ISBN : 0119208105

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Corporate Governance of Listed Companies in China by Organisation for Economic Co-operation and Development Staff Pdf

This report looks at the institutional framework of corporate governance in China through the prism of the OECD Principles of Corporate Governance and is a product of the ongoing OECD-China Policy Dialogue on Corporate Governance. By assessing a broad range of laws, regulations and codes, it provides a reference for understanding how much has been achieved in Chinese corporate governance and the main ambitions of future reform efforts.The report shows that corporate governance has improved significantly since the Chinese stock market was created in 1990, with important achievements in establishing and developing the legal and regulatory framework. The OECD-China Self-Assessment represents a thorough review of all laws, regulations and codes that relate to every principle recommended by the OECD Principles of Corporate Governance. It documents the advances in the Chinese Corporate Governance framework. Building on this report, bilateral co-operation between China and the OECD will continue to enhance the understanding of China's corporate governance system and how it impacts on company and investor behaviour

Governance of Private Enterprises in Modern China

Author : Zhong Qin
Publisher : Unknown
Page : 203 pages
File Size : 47,7 Mb
Release : 1913-02-04
Category : Business & Economics
ISBN : 0985394994

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Governance of Private Enterprises in Modern China by Zhong Qin Pdf

Domestic private enterprises have dramatically re-emerged in China’s unique transition from a planned to a market-oriented economy, where the private sector plays an increasingly important role. The development of Chinese private enterprises differs from what standard property rights theory describes, particularly in the early stages of development. This gives rise to a concern that standard property rights theory may not be sufficient to explain the success of Chinese private enterprises. The core argument of this book is that family businesses, which are now the major form of corporate governance among Chinese private enterprises, have become dominant not only due to an improvement in the economic environment, but also because of the tendency for family trust to replace government trust.

Corporate Governance and Enterprise Reform in China

Author : Stoyan Tenev,Chunlin Zhang,Loup Brefort
Publisher : World Bank Publications
Page : 188 pages
File Size : 55,9 Mb
Release : 2002
Category : Business & Economics
ISBN : 0821351362

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Corporate Governance and Enterprise Reform in China by Stoyan Tenev,Chunlin Zhang,Loup Brefort Pdf

As China continues in its evolution from a planned economy to a market economy, and from an agricultural to a manufacturing and service-oriented economy, issues arising from owner diversification, corporate governance, and labor resource allocation have come to the forefront. Most particularly, corporate governance is being focused on as the state continues its withdrawal from direct ownership. This study evaluates short- and medium- term corporate governance issues impacting companies involved in ownership diversification. It examines problems associated with governance such as cost and framework design and makes recommendations concerning the many facets of corporate governance.

Comparative Corporate Governance : A Chinese Perspective

Author : Yuwa Wei
Publisher : Kluwer Law International B.V.
Page : 263 pages
File Size : 41,5 Mb
Release : 2003-04-01
Category : Business & Economics
ISBN : 9789041199089

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Comparative Corporate Governance : A Chinese Perspective by Yuwa Wei Pdf

The analysis is notable for its insistence that, for a corporate governance system to work, the principles and practicalities of that system must be derived from customary cultural norms. Experience shows that imported models, although they may be enshrined in law, lead to economic stagnation unless actual practice is monitored and reformed and the laws change to reflect these necessary adjustments. Thus the model proposed here begins with the Company Law of 1994, and proceeds to show how practical experience is already providing valuable data for the task of improving the law.

The Palgrave Handbook of Local Governance in Contemporary China

Author : Jianxing Yu,Sujian Guo
Publisher : Springer
Page : 767 pages
File Size : 55,8 Mb
Release : 2019-01-07
Category : Political Science
ISBN : 9789811327995

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The Palgrave Handbook of Local Governance in Contemporary China by Jianxing Yu,Sujian Guo Pdf

This Handbook provides a comprehensive overview of local governance in China, and offers original analysis of key factors underpinning trends in this field drawing on the expertise of scholars both inside and outside China. It explores and analyzes the dynamic interaction and collaboration among multiple governmental and non-governmental actors and social sectors with an interest in the conduct of public affairs to address horizontal challenges faced by the local government, society, economy, and civil community and considers key issues such as governance in urban and rural areas, the impact of technology on governance and related issues of education, healthcare, environment and energy. As the result of a global and interdisciplinary collaboration of leading experts, this Handbook offers a cutting-edge insight into the characteristics, challenges and trends of local governance and emphasizes the promotion of good governance and democratic development in China.