CONTACT US
LI Ting
Renmin University of China Law School
Email: flclaw@sina.cn
Tel: + 86-10-62515960
 
 
 
 
 
MAR 2017 ARTICLE:CORPORATE GOVERNANCE WITH CHINESE CHARACTERISTICS: THE CASE OF STATE OWNED ENTERPRISES

 

                Abstract: This article examines the reception of Western corporate governance models and standards into the Chinese system of corporate governance. It investigates how China has adapted these models to fit in with its political, economic, and cultural norms in relation to its state owned enterprises (SOEs), a large number of which are now listed in onthe Fortune Global 500 list. Overall, the study highlights that firstly, the importance of culture in the shaping and functioning of human behavior as well as that of institutions, and in their subsequent path dependence; and secondly the limited impact of property rights, minority shareholder rights, and financial markets as arbiters of the destination of investment funds.

Full Text CORPORATE GOVERNANCE WITH CHINESE CHARACTERISTICS THE CASE OF STATE OWNED ENTERPRISES.pdf

© 2001-2014 中国人民大学法学院  地址:北京海淀区中关村大街59号  邮编:100872  京ICP备06009427号 网站管理 lawweb@163.com | 联系我们