Enterprise ownership and control in China: Governance with a Chinese twist |
Abstract:
inefficient state-owned enterprises in China were compelled to restructure to remain competitive, which resulted in phenomenal economic growth. While economically successful, China did not initially have any indigenous laws to regulate companies or control this growth, so Chinese lawmakers had to transplant corporate laws from developed Western countries. However, this transplantation process did not occur without problems, and certain domestic attributes had to be supplemented in corporate legislation to correspond with Chinese socialistic objectives and cultural values. This article analyzes the key attributes of Chinese corporate governance and regulations concerning shareholders’ rights and, in the process, highlights provisions that are peculiar and characterized as uniquely Chinese, ultimately raising more questions than answers for shareholders. |
| Keywords: |
Chinese corporate governance; Chinese company law; Chinese law reform; Chinese LLC; Chinese joint stock company; State-owned enterprises (SOE) |
| Author(s): |
Daniel Ho , Alex Lau , Angus Young |
| Source: |
Business Horizons (2012) 55, 575—582 |
| Subject: |
پیرامون مدیریت |
| Category: |
مقاله مجله |
| Release Date: |
2012 |
| No of Pages: |
8 |
| Price(Tomans): |
0 |
|
بر اساس شرایط و ضوابط ارسال مقاله در سایت مدیر، این مطلب توسط یکی از نویسندگان ارسال گردیده است. در صورت مشاهده هرگونه تخلف، با تکمیل فرم گزارش تخلف حقوق مؤلفین مراتب را جهت پیگیری اطلاع دهید.
|
|
|