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ePub Corporate Governance in China: Research and Evaluation download

by Li Wei-An

ePub Corporate Governance in China: Research and Evaluation download
Author:
Li Wei-An
ISBN13:
978-0470823408
ISBN:
0470823402
Language:
Publisher:
Wiley; 1 edition (May 9, 2008)
Category:
Subcategory:
Management & Leadership
ePub file:
1721 kb
Fb2 file:
1262 kb
Other formats:
azw mbr doc txt
Rating:
4.7
Votes:
256

Corporate governance is a vital issue that China listing companies and enterprises has to deal with. This book reports an important investigation on the subject of corporate governance.

Corporate governance is a vital issue that China listing companies and enterprises has to deal with. As a major result of the study, a series of governance indices conforming to China's situation were proposed in the book. The author of the book hence received the Award of Outstanding Contribution in Chinese Enterprise Management, and I was very pleased to preside the ceremony to present him with this prestigious award

This important resource offers an overview of the history, purpose, strengths, and limitations of process evaluation and includes illustrative case material of the current state of the art in process evaluation.

Purpose – This paper aims to offer a critique of corporate governance in China. Findings – The Chinese Government has made efforts to strengthen the effectiveness of corporate governance in stateowned enterprises. An apparent reason for this is the strong relationship between stateowned enterprises and the government.

LI Wei’an, TANG Yuejun. Setting up a corporate governance appraisal system suitable for the governance environment in China is the key to answer and settle the questions above. An evaluation of corporate governance evaluation, governance index (CGI. NK. ) and performance: Evidence from Chinese listed companies in 2003.

Corporate Governance in China: Recent Developments, Key Problems .

Corporate Governance in China: Recent Developments, Key Problems, and Solutions. Page 2 University of Southern California Marshall School of Business. and a sound corporate governance system play an important role in these economic reforms. Corporate governance is commonly viewed as a system that delineates the rights and responsibilities of each major group of stakeholders in a company, and sets rules and procedures for making decisions about company affairs (OECD, 1998).

Along with the reform, the corporate governance structure has been established accordingly. Great progress has been achieved for the structural reform in China enterprises for the past one and a half decades. The Chinese Corporate Governance Index (CCGI. Along with the reform, the corporate governance structure has been established accordingly.

Great progress has been achieved for the structural reform in China enterprises for the past one and a half decades.

Corporate governance in china. Scores for Chinese companies cluster around the median relative to global peers, VIEs and SOEs have distinct governance risks. Recognition of the importance of corporate governance principles has a long history in China. Figure 2 Percentage of State Holdings at MSCI China Index SOEs.

Keywords: corporate governance; law reform; China; corporate law Professor of Business Law, University .

Keywords: corporate governance; law reform; China; corporate law Professor of Business Law, University of Michigan; Area Director for Corporate Governance and Social Responsibility, William Davidson Institute at the University of Michigan Business School. 1982, University of Chicago; . 1979, Michigan State University. The SOE has evolved in China from a model where the State held all property ownership and managerial rights, to a contracting model where the enterprise became responsible for its own profits and losses, to a model that resembles a corporation in the United States.

Great progress has been achieved for the structural reform in China enterprises for the past one and a half decades. Along with the reform, the corporate governance structure has been established accordingly. The Chinese Corporate Governance Index (CCGI?NK) is a useful tool to objectively observe and analyze shareholder behavior, board execution, management incentive and restriction, supervisory committee operation, information disclosure and stakeholders' interest protection, and is helpful in diagnosing issues that may arise during corporate operations. The CCGI?NK provides guidance for improvement of corporate governance, and can be used to enhance the sustainable development of corporations.--Chen Qing-Tai, Vice Director, Economic Committee, National Committee of Chinese People's Political Consultative Conference (CPPCC), Former Vice Director of Development and Research Center of the State Council Dean, Public Administration School of Tsinghua University The phenomenal growth of China's capital markets during the past decade belies the fact that Chinese companies have only gradually adopted modern corporate governance structures. Professor Li's book offers a candid and timely assessment of the quality of the governance mechanisms they employ including the factors that influence their quality and how they relate to subsequent corporate performance. A proper understanding is critical for global investors with an interest in China's markets and for scholars who seek to disentangle corporate governance theory and practice in a fascinating market place. --G. Andrew Karolyi, Charles R. Webb Professor of Finance The Ohio State University Corporate governance is a vital issue that China listing companies and enterprises has to deal with. This book reports an important investigation on the subject of corporate governance. As a major result of the study, a series of governance indices conforming to China's situation were proposed in the book. The author of the book hence received the Award of Outstanding Contribution in Chinese Enterprise Management, and I was very pleased to preside the ceremony to present him with this prestigious award. --Cheng Si-Wei, Vice Chairman of the Standing Committee of National People's Congress, Vice President of Fudan Management Award Foundation Corporate governance issues are important around the world. The ability of a firm to raise capital, to align with partners, and ultimately, to sell products and services to customers, all depend, to some extent, on the quality of corporate governance. This is why the research reported here is so important. That it focuses on corporate governance among Chinese corporations makes it all the more important. With only a limited history of publicly-traded firms, Chinese firms are inventing--right now--the kinds of corporate governance they will need to compete in global markets. It is hard to imagine a more timely research endeavor. --Jay B. Barney, Professor and Chase Chair for Excellence in Corporate Strategy, The Ohio Stae University