The Political Determinants of Corporate Governance in China - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Political Determinants of Corporate Governance in China write by Chenxia Shi. This book was released on 2012-03-15. The Political Determinants of Corporate Governance in China available in PDF, EPUB and Kindle. This book investigates the key factors shaping corporate governance in China and presents a sophisticated study of corporate governance in China from a comparative and historical perspective. Drawing on extensive corporate governance literature, this book articulates why path dependence theory is the most effective framework for interpreting the development path of Chinese corporate governance. Chenxia Shi reviews the historical role of government in commercial development and regulation in dynastic China and in early corporate law-making, followed by an account of China’s legal and economic development over the last three decades. This historical inquiry identifies government control as the key feature of economic and market regulation in China. In particular, this book canvasses the evolution of governance of State-Owned Enterprises and listed companies, major corporate governance problems, regulatory challenges posed by China’s increasing participation in economic globalization, and enforcement difficulties particularly in relation to investor protection, directors’ duties and accountability. Ultimately, Political Determinants of Corporate Governance in China demonstrates that corporate governance in China is largely determined by political imperatives and those political imperatives have been shaped and re-shaped in a historical process.
Political Determinants of Corporate Governance in China
Political Determinants of Corporate Governance in China - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Political Determinants of Corporate Governance in China write by Chenxia Shi. This book was released on 2009. Political Determinants of Corporate Governance in China available in PDF, EPUB and Kindle.
Political Power and Corporate Control
Political Power and Corporate Control - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Political Power and Corporate Control write by Peter Alexis Gourevitch. This book was released on 2005. Political Power and Corporate Control available in PDF, EPUB and Kindle. Why does corporate governance--front page news with the collapse of Enron, WorldCom, and Parmalat--vary so dramatically around the world? This book explains how politics shapes corporate governance--how managers, shareholders, and workers jockey for advantage in setting the rules by which companies are run, and for whom they are run. It combines a clear theoretical model on this political interaction, with statistical evidence from thirty-nine countries of Europe, Asia, Africa, and North and South America and detailed narratives of country cases. This book differs sharply from most treatments by explaining differences in minority shareholder protections and ownership concentration among countries in terms of the interaction of economic preferences and political institutions. It explores in particular the crucial role of pension plans and financial intermediaries in shaping political preferences for different rules of corporate governance. The countries examined sort into two distinct groups: diffuse shareholding by external investors who pick a board that monitors the managers, and concentrated blockholding by insiders who monitor managers directly. Examining the political coalitions that form among or across management, owners, and workers, the authors find that certain coalitions encourage policies that promote diffuse shareholding, while other coalitions yield blockholding-oriented policies. Political institutions influence the probability of one coalition defeating another.
Political Determinants of Corporate Governance
Political Determinants of Corporate Governance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Political Determinants of Corporate Governance write by Mark J. Roe. This book was released on 2003. Political Determinants of Corporate Governance available in PDF, EPUB and Kindle. In a painstaking analysis, Roe (law, Harvard Law School) examines the impact of a nation's strong social policies on the corporate governance, suggesting that stronger social policies can cause an American style of diffuse ownership among shareholders to fail. The link between social policies and corporate governance is examined statistically for a large number of countries, and in case studies for seven: Italy, Germany, Sweden, the UK, France, Japan, and the US. Product markets, securities markets, and the ability of corporate and economic structures to induce a political backlash are discussed. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).
Governing Enterprises in China
Governing Enterprises in China - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Governing Enterprises in China write by Zhang Cheng. This book was released on 2021-06-24. Governing Enterprises in China available in PDF, EPUB and Kindle. 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.
