Corporate Governance and Financial Reform in China's Transition Economy
Ding, Zhiping,1920-
This book examines corporate governance reforms in China as an economy in transition - from a planned economy to a market economy - in the context of globalization and the country's accession to WTO. The author interprets China's experience as a gradualist transition strategy, which is appropriate given the existing constraints imposed by China's limited political, legal and regulatory framework. This approach also compares favorably with the radical privatization programme (""shock therapy"") in Russia. In China, ""institutional innovations"" play a key role in discovering a better way to the
Description based upon print version of record.
This book examines corporate governance reforms in China as an economy in transition - from a planned economy to a market economy - in the context of globalization and the country's accession to WTO. The author interprets China's experience as a gradualist transition strategy, which is appropriate given the existing constraints imposed by China's limited political, legal and regulatory framework. This approach also compares favorably with the radical privatization programme (""shock therapy"") in Russia. In China, ""institutional innovations"" play a key role in discovering a better way to the
Bibliogr.
Basic concepts of corporate governance and global movements in corporate governance reforms -- The history of China's enterprise reform and emerging corporate governance issues -- Corporate governance practices of major types of Chinese enterprises and institutional constraints on corporate governance improvements during transition -- The interaction between capital markets and corporate governance of Chinese listed companies -- Corporate governance reform of China's banking system -- The Chinese experience in international corporate governance debates.
Description based on print version record.