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Corporate governance and development: the case of China

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  • Sean Liu

    (C.G. Associates, Beijing, China)

Abstract

There has been a growing interest in corporate governance in China in recent years. This article assesses some of the key moves by the Chinese authorities aimed at developing corporate governance in China. Many problems persist that are typical of systems that fail to protect shareholder interests, and we can detect political influence in the two-tiered board system. Privatization has focused attention on the rules governing enterprise operations. The new legal framework of company law still leaves much scope for developing corporate governance at the level of the enterprise. Copyright © 2005 John Wiley & Sons, Ltd.

Suggested Citation

  • Sean Liu, 2005. "Corporate governance and development: the case of China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 26(7), pages 445-449.
  • Handle: RePEc:wly:mgtdec:v:26:y:2005:i:7:p:445-449
    DOI: 10.1002/mde.1257
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    References listed on IDEAS

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    1. Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer & Robert W. Vishny, 1998. "Law and Finance," Journal of Political Economy, University of Chicago Press, vol. 106(6), pages 1113-1155, December.
    2. Vitaliy Zheka, 2005. "Corporate governance, ownership structure and corporate efficiency: the case of Ukraine," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 26(7), pages 451-460.
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    Cited by:

    1. Jiang, Wei & Adams, Mike & Jia-Upreti, Joy, 2012. "Does managerial entrenchment motivate the insurance decision?," International Review of Financial Analysis, Elsevier, vol. 24(C), pages 117-128.
    2. Chen Lin & Yue Ma & Dongwei Su, 2009. "Corporate governance and firm efficiency: evidence from China's publicly listed firms," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 30(3), pages 1-1.
    3. Waqas Bin Khidmat & Muhammad Ayub Khan & Hashmat Ullah, 2020. "The Effect of Board Diversity on Firm Performance: Evidence from Chinese L isted Companies," Indian Journal of Corporate Governance, , vol. 13(1), pages 9-33, June.

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