Improving corporate governance in state-owned corporations in China: which way forward?

Article


Miles, L. and Zhang, Z. 2006. Improving corporate governance in state-owned corporations in China: which way forward? Journal of Corporate Law Studies. 6 (1), pp. 213-248.
TypeArticle
TitleImproving corporate governance in state-owned corporations in China: which way forward?
AuthorsMiles, L. and Zhang, Z.
Abstract

This article discusses corporate governance in China. It outlines the basic agency problem in Chinese listed companies and questions the effectiveness of the current mechanisms employed to improve their standards of governance. Importantly, it considers alternative means through which corporate practice in China can be brought into line with international expectations and stresses the urgency with which this task must be tackled. It concludes that regulators in China must construct a corporate governance model which is compatible with its domestic setting and not rush to adopt governance initiatives modelled on those in cultures which are fundamentally different in the hope of also reproducing their success.

PublisherHart Publishing
JournalJournal of Corporate Law Studies
ISSN1473-5970
Publication dates
PrintApr 2006
Publication process dates
Deposited24 Oct 2008
Output statusPublished
Publisher's version
LanguageEnglish
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