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GOVERNING ENTERPRISES IN CHINA IBD

KEE CHEOK CHEONG / RAJAH RASIAH / ZHANG CHEN
SPRINGER
06 / 2022
9789811631184
Inglés

Sinopsis

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.áThe 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 ChinaâÇÖs corporate board composition is determined by the boardâÇÖs scope of operation, monitoring, bargaining power, and other governance mechanisms and regulations. It also offers a comparison between ChinaâÇÖs experience with other economies in general and other transition economies in particular.áAs 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.