Overview
- Deals comprehensively with corporate board constitution before, during, and after the split share reforms
- Provides the most inclusive evidence on China on how the interests of owners and people’s welfare are balanced
- Offers a unique contribution to scholarship that all students, experts, and officials on corporate governance must read
Part of the book series: Dynamics of Asian Development (DAD)
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Table of contents (7 chapters)
Keywords
About this book
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. The 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 China’s corporate board composition is determined by the board’s scope of operation, monitoring, bargaining power, and other governance mechanisms and regulations. It also offers a comparison between China’s experience with other economies in general and other transition economies in particular. As such, the book represents an essential overview of thecurrent concerns regarding corporate governance in China. It is of great interest to legal researchers, policymakers, and legal practitioners working with business investments in China.
Authors and Affiliations
About the authors
Zhang Cheng, Ph.D., is Professor at School of Accounting, Nanjing University of Finance and Economics.
Rajah Rasiah, Ph.D., is Distinguished Professor of Economics at the Asia-Europe Institute, University of Malaya. His research interests include technology and international development, foreign investment, human capital, public health, and environment. He holds external positions at UNU-MERIT, Oxford University, Cambridge University, and Universiti Tenaga Nasional. He is the 2014 recipient of the Celso Furtado Prize awarded by the World Academy of Sciences for advancing the frontiers of social science thought.
Cheong Kee Cheok is Senior Advisor at the Asia-Europe Institute, University of Malaya. His research interests include economic development, transition economies, employment and poverty, and international economic relations. Some of his selected publications include Revisiting Malaysia's Population-Development Nexus: The Past In Its Future (UMPress) and Government-Linked Companies And Sustainable, Equitable Development (Routledge).
Bibliographic Information
Book Title: Governing Enterprises in China
Book Subtitle: Corporate Boards, Ownership and Markets
Authors: Zhang Cheng, Rajah Rasiah, Kee Cheok Cheong
Series Title: Dynamics of Asian Development
DOI: https://doi.org/10.1007/978-981-16-3116-0
Publisher: Springer Singapore
eBook Packages: Social Sciences, Social Sciences (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2021
Hardcover ISBN: 978-981-16-3115-3Published: 25 June 2021
Softcover ISBN: 978-981-16-3118-4Published: 26 June 2022
eBook ISBN: 978-981-16-3116-0Published: 24 June 2021
Series ISSN: 2198-9923
Series E-ISSN: 2198-9931
Edition Number: 1
Number of Pages: XX, 165
Number of Illustrations: 13 b/w illustrations
Topics: Development Studies, Emerging Markets/Globalization, Corporate Governance, Governance and Government