The Development of Corporate Governance in ChinaEdward Elgar, 1999 - 129 páginas This important and timely book examines how corporate governance has and should be developed in China to meet the challenges of enterprise and financial reform. It highlights key economic, social and political issues that China has to confront in order to transform the state owned industrial enterprises into a competitive and modern corporate sector. On Kit Tam critically appraises the main analytical frameworks and models of corporate governance in industrialized countries. He then assesses China's development in terms of current Western debates in relation to the role, function and evolution of corporate governance arrangements. He examines how the Chinese government has adopted a top-down approach combined with a market based Anglo-American model. The author also presents surveys of company directors, managers and supervisors reporting the current environment and analyses the choices available in the light of China's particular problems. He concludes with suggestions for a model of corporate governance in China. This book will be welcomed by economists and those interested in management studies, Chinese reform, international business, Asian studies, industrial organization and business strategy. |
Dentro del libro
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... problem of ' missing ' profits , this situation must still be rectified through better governance arrangements . Other major financial problems of the SOEs are common knowledge and are briefly noted here . For instance , a significant ...
... problems for the de facto ' owner ' of SOEs . Thus , officials at ministries of various levels of government have on the whole taken a territorial approach and would rather prolong bad utilization of certain state assets ( which produce ...
... problem of who will guard the guardian is a timeless one , but it is particularly complicated when the proposed guardian is the institutional investor . Not only do the same problems of agency cost arise at the institutional investors ...
Contenido
Corporate governance and the creation of modern corporations | 7 |
theoretical approaches | 23 |
Corporate governance issues relating to China | 39 |
Derechos de autor | |
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