Ownership structure and the characteristics of the board in the focal companies
Abstract:
Although corporate governance has been a central issue in developed economies for some time, many findings from developed countries are not applicable in transition economies. Patterns of corporate governance and control differ significantly across countries because of national differences in the structure of ownership and the composition of corporate boards. This chapter aims to explore the character of corporate governance that has developed in China. The ‘China model’ is likely to embody a special role for the State, coupled with Chinese cultural aspects, while taking on some of the characteristics of the models in developed countries.The chapter ...
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