Corporate governance and enterprise reform in China : building the institutions of modern markets /
Stoyan Tenev and Chunlin Zhang, with Loup Brefort.
- Washington, D.C. : World Bank : International Finance Corporation, 2002.
- xvi, 168 pages : illustrations ; 23 cm.
Includes bibliographical references (p. 163-168).
Foreword / Javed Hamid and Homi Kharas -- 1. Introduction -- 2. The Evolution of Governance Mechanisms in China's State Sector -- Corporate Governance in the Context of China's Overall Approach to Reform -- From Danwei to the Modern Enterprise System -- Agency Costs of Local Government Ownership and Enterprise Autonomy -- Current Approach -- 3. The Corporate Governance of Transformed Small and Medium Enterprises -- Ownership Transformation and Emerging Governance Issues -- Role of Employees -- Role of Banks -- Role of Private Equity Investors -- 4. Ownership and Control of Listed Companies -- Ownership Concentration and Types of Investors -- Ownership and Corporate Governance Issues -- Board of Directors.
This study evaluates short-and medium-term corporate governance issues impacting companies involved in ownership diversification in China. It examines problems associated with governance such as cost and framework design and makes recommendations concerning the many facets of corporate governance.
0821351362 9780821351369
Corporations--China. Corporaciones--China Corporate governance--China. Gobierno corporativo--China Industrial organization--China. Organización industrial--China Industrial policy--China. Política industrial--China Government ownership--China. Propiedad del gobierno --China Employee ownership--China. Small business--Government policy--China. Pequeñas y medianas empresas--Política gubernamental --China Corporations--Finance.--China Credit--China. Financial statements--China. Capitalism--China.