building the institutions of modern markets Tenev, Stoyan 1961- creator Zhang, Chunlin Brefort, Loup text bibliography dcu Washington, D.C World Bank International Finance Corporation 2002 monographic eng Eng

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xvi, 168 pages : illustrations ; 23 cm. 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. 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. Stoyan Tenev and Chunlin Zhang, with Loup Brefort. Includes bibliographical references (p. 163-168). a-cc--- 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 China Finance Credit China Financial statements China Capitalism China China Economic policy 2000- HD 2910 T292c 2002 338.0951 0821351362 9780821351369 DLC 020301 20230410115518.0 spa