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Understanding Corporate Governance in China

Understanding Corporate Governance in China
Author: Bob Tricker
Publisher:
Total Pages: 0
Release: 2019
Genre: Corporate governance
ISBN: 9789888455706

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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 in China

Corporate Governance in China
Author: Jian Chen
Publisher: Psychology Press
Total Pages: 192
Release: 2005
Genre: Corporate governance
ISBN: 0415345138

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The nature of corporate governance is a key determinant of corporate performance and, therefore, of a country's overall economic power. This title examines key questions relating to corporate governance in China, exploring differences between private and state-owned companies.


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

Corporate Governance of Listed Companies in China Self-Assessment by the China Securities Regulatory Commission
Author: OECD
Publisher: OECD Publishing
Total Pages: 108
Release: 2011-09-22
Genre:
ISBN: 9264119205

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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

Chinese Corporate Governance
Author: Yong Kang
Publisher: Rand Corporation
Total Pages: 62
Release: 2008
Genre: Business & Economics
ISBN: 083304611X

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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.


Changing Corporate Governance Practices in China and Japan

Changing Corporate Governance Practices in China and Japan
Author: Masao Nakamura
Publisher: Palgrave MacMillan
Total Pages: 312
Release: 2008-10-08
Genre: Business & Economics
ISBN:

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"Facing rapid globalization, it became evident that the traditional Chinese corporate governance mechanisms, which were heavily influenced by European and Japanese counterparts, had become obsolete. More transparent corporate governance mechanisms must be adopted to support China's continuing economic growth. In Japan, to public criticism that its bank-based corporate governance practices were responsible for the prolonged recession in the 1990s, the Japanese government and corporations undertook massive reforms of corporate governance mechanisms." "With contributions from well-known academics from China, Japan and North America, this book discusses issues associated with the transplantation efforts and the selective adaptations that have taken place in corporate governance practices in China and Japan."--BOOK JACKET.


Corporate Governance and China's H-share Market

Corporate Governance and China's H-share Market
Author: Alice De Jonge
Publisher: Edward Elgar Publishing
Total Pages: 323
Release: 2008-01-01
Genre: Business & Economics
ISBN: 1848442785

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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.


Corporate Governance and Resource Security in China

Corporate Governance and Resource Security in China
Author: Xinting Jia
Publisher: Routledge
Total Pages: 239
Release: 2009-10-20
Genre: Business & Economics
ISBN: 113525446X

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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

The Development of Corporate Governance in China
Author: On Kit Tam
Publisher: Edward Elgar Publishing
Total Pages: 152
Release: 1999
Genre: Business & Economics
ISBN:

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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.


The Rule of Culture

The Rule of Culture
Author: Hong Hai
Publisher: Routledge
Total Pages: 143
Release: 2019-10-28
Genre: Business & Economics
ISBN: 0429655215

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Culture has an abiding influence on the way countries and business corporations are governed. This book introduces the reader to the deep philosophies that drive corporations and governments in East Asia, from China through Japan and South Korea to Singapore. With sparkling clarity and spiced with anecdotes and case studies, it depicts how respect for cultures can lead to spectacular success, or the lack of it to failure. Confucian practices such as guanxi in Chinese society, the benevolent culture of entity firms in Japan, and patriarchal chaebols in South Korea are analyzed with examples like Esquel, Nissan, and Samsung. A delightful chapter on Daoism shows how it drives Jack Ma’s Alibaba.com. In the governance of nations, the author reinforces Burke’s dictum that systems of government must be consonant with traditional cultures, and he calls out misguided attempts by the West to foist liberal democracies on civilizations in the East where respect for authority and communitarian values come before individual interest. The author advances the novel concept of the meritocratic democracy in which leaders are chosen not by electoral popularity but by proven ability. In a thought-provoking concluding chapter, he evaluates prospective constitutional changes in China that would enshrine meritocratic democracy as an alternative to liberal democracies that have turned dysfunctional in many Western nations.


Understanding Chinese Corporate Governance

Understanding Chinese Corporate Governance
Author: Lyndsey Zhang
Publisher: Taylor & Francis
Total Pages: 227
Release: 2023-11-16
Genre: Business & Economics
ISBN: 1000992772

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In a complex political and environmental global landscape, it has never been more critical for global organizations to understand the past, present, and future of Chinese corporate governance: this book is the key. Leveraging her dual-cultural background and using a board-level practitioner’s lens, Lyndsey Zhang offers insights that will help the global business community better understand Chinese companies’ corporate governance practices and economic development journeys, shorten the learning curve for global business leaders and investors, and explore different economic models that better suit emerging markets. She addresses important questions such as: • How does the Chinese government manage to retain its controlling position in Chinese companies while still making them attractive to global investors? • What are the drivers for Chinese companies’ future corporate governance improvement? • What is China’s position on the worldwide ESG and climate change movements? • How can global practitioners feel less like "navigating in the dark" when working with Chinese companies? This book will be an invaluable resource for anyone seeking to understand the rapidly changing world of Chinese corporate governance, including global investors, senior executives in multinational corporations, consultants, financial and political policymakers, business and law students, and researchers.