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Corporate Governance of Chinese Multinational Corporations

Corporate Governance of Chinese Multinational Corporations
Author: Runhui Lin
Publisher: Palgrave Macmillan
Total Pages: 200
Release: 2021-01-08
Genre: Business & Economics
ISBN: 9789811574047

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This book is the first to explore the issue of corporate governance in China's new corporations. With rapid development over the last two decades, China has seen compelling achievements in overseas investment. Specifically, an increasing number of Chinese companies have been “going out” to become multinational enterprises. From the practical view, corporate governance issues have been identified in the literature as one of the most important factors in determining whether these Chinese multinational enterprises succeed or not. However, existing literature provides little investigation and understanding about corporate governance of Chinese multinational enterprises. This book fills that gap and will be of value to corporate executives, scholars of China's economy, and journalists.


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.


Comparative Corporate Governance : A Chinese Perspective

Comparative Corporate Governance : A Chinese Perspective
Author: Yuwa Wei
Publisher: Kluwer Law International B.V.
Total Pages: 263
Release: 2003-04-01
Genre: Business & Economics
ISBN: 904119908X

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The analysis is notable for its insistence that, for a corporate governance system to work, the principles and practicalities of that system must be derived from customary cultural norms. Experience shows that imported models, although they may be enshrined in law, lead to economic stagnation unless actual practice is monitored and reformed and the laws change to reflect these necessary adjustments. Thus the model proposed here begins with the Company Law of 1994, and proceeds to show how practical experience is already providing valuable data for the task of improving the law.


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.


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.


Corporate Governance in China

Corporate Governance in China
Author: Cindy A. Schipani
Publisher:
Total Pages: 69
Release: 2003
Genre:
ISBN:

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Corporate governance has become a globally debated topic. As multinational corporations enter new global markets, complications abound due to the myriad of corporate governance rules existing among the various legal systems. One example of a new market becoming more available to American investment is the Chinese market. In light of both the grant of permanent normal trade relations to China and China's recent membership in the World Trade Organization, the American business community is apt to find more opportunity for investment in China.American investors will likely be increasingly interested in understanding the current Chinese corporate governance regime as they consider the Chinese market for investment of their assets. The goal of this paper is to provide an analysis of the corporate governance system in China and offer some suggestions for improvement to make the Chinese market more attractive to foreign investors.This paper is organized as follows: Part I provides general background information on the historical corporate governance structures prevalent in China. Part II analyzes current governance issues, in particular those occurring in the context of the corporatization of China's State-owned enterprises. Part III offers proposals for reform. Part IV contains our concluding remarks.


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.


The Theory and Application of Multinational Corporate Governance

The Theory and Application of Multinational Corporate Governance
Author: Runhui Lin
Publisher: Springer Nature
Total Pages: 204
Release: 2022-02-07
Genre: Business & Economics
ISBN: 9811677034

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Multinational enterprises have become a main engine of the global economy, technical advancement, and product innovation, playing a pivotal role in the world economy and the global technological revolution. However, MNEs are also often embroiled in financial fraud and corporate scandal which show that MNEs should improve their corporate governance. Meanwhile, as COVID- 19 runs rampant across the world, populism and deglobalisation have resurged, and protectionism and unilateralism are exerting negative impacts on the world economy. Achieving sustainable development in this context is a test of a company’s management and governance abilities. How should they be governed? This book will be a useful tool for university research-led teaching and fundamental research in corporate governance theories of MNEs in general, as well as using Chinese case studies as evidence to support our theoretical arguments.


Comparative Corporate Governance in China

Comparative Corporate Governance in China
Author: Guanghua Yu
Publisher: Routledge
Total Pages: 204
Release: 2012-09-10
Genre: Business & Economics
ISBN: 1136713581

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An insightful overview of the political, legal and social perspectives which inform corporate governance in China, this book examines the challenges of corporate governance faced by Chinese corporations and international corporations operating in China. Unlike other texts that tend to focus solely on the board of directors and the takeover market, Yu has enlarged the scope of this study to cover both market forces and contractual mechanisms, providing readers with an extended and comprehensive discussion of the pertinent issues. It explores a range of issues and their role in corporate governance models, including: executive compensation takeover markets the securities market insolvency issues venture capital market Examining the current climate and making the case that comparative corporate governance studies have significant policy implications for China’s transitional economy, Yu has put together a book that is a valuable resource for students and those working in Asian business, corporate governance and commercial law.


Corporate Social Responsibility in Contemporary China

Corporate Social Responsibility in Contemporary China
Author: Jingchen Zhao
Publisher: Edward Elgar Publishing
Total Pages: 323
Release: 2014-01-01
Genre: Business & Economics
ISBN: 1781005583

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China's recent economic transformation and integration into the world economy has coincided with increasing pressure for corporate law reform to make corporate social responsibility (CSR) integral to business and management strategy in China. This timely book critically analyses contemporary notions of CSR in China, discussing theory and practice alongside legal responses in this emerging field. Jingchen Zhao uniquely combines the history, traditions and social policies of China with Chinese law, explaining the significance of path dependence in China. He presents an in-depth debate on the difficulties involved in transplanting developed legal principles directly into Chinese society, and takes a detailed look at the CSR provisions in Chinese company law which aimed to put social and environmental concerns onto the corporate agenda. He suggests how these laws could be more effectively and efficiently enforced with reference to UK law, and explores specific issues including: * Chinese Company Law 2006 * the 'Harmonious Society' in China * the 2008 Financial Crisis and its impact on the Chinese economy * recent corporate scandals including the Sanlu Baby Milk scandal, the Wenchuan earthquake and CSR donations, the Beijing Olympic Games and CSR, and the Fujia chemical plant. This book will prove an enlightening read for academics and practitioners in the fields of law, business and management interested in CSR and the law in contemporary China.