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Revitalizing China’s Economy by Improved Corporate Governance and State-Owned Enterprise Reforms

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  • Margit Molnar

    (OECD Economics Department, France)

Abstract

With persisting slower growth worldwide and in China, over-capacity in some heavy industry sectors, declining profitability, and intensifying competition from other, lower-cost emerging economies, corporate behavior in China needs to change and focus more on efficiency and sustainability. A larger proportion of firms, including state-owned enterprises, should improve corporate governance practices. To this end, fraudulent corporate practices must be halted and State assets need to be better managed. Reforms are under way or envisaged that will help improve corporate performance and, more broadly, deliver more resilient and environmentally sustainable growth and continuing progress in living standards.

Suggested Citation

  • Margit Molnar, 2017. "Revitalizing China’s Economy by Improved Corporate Governance and State-Owned Enterprise Reforms," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 8(03), pages 1-23, October.
    • Handle: RePEc:wsi:jicepx:v:08:y:2017:i:03:n:s1793993317500156
    DOI: 10.1142/S1793993317500156
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    References listed on IDEAS

    as
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