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. |
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... SOEs are still in a more or less serious state of financial distress . Given the general consensus that , overall , the SOE sector is not in good financial health , there is an even greater urgency to develop more effective corporate ...
... SOEs are common knowledge and are briefly noted here . For instance , a significant 40 per cent of SOEs were reported to be operating in the red in 1996.9 According to the estimates of the Governor of the People's Bank of China ...
On Kit Tam. of SOE workers in current employment in an SOE is estimated to range from between 20 per cent to over 100 per cent . 16 Many SOES can therefore be considered to be in a situation of financial distress . In theory , when a ...
Contenido
Introduction | 1 |
Corporate governance and the creation of modern corporations | 7 |
theoretical approaches | 23 |
Derechos de autor | |
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