on Facebook
on Twitter
on YouTube
Document Information
Chinese Corporate Governance
History and Institutional Framework
The Chinese economy has been growing rapidly in recent years, as the nation has moved toward a stronger role for private enterprise and capitalism. As China has aligned itself more closely with the international economy, it has also sought to adopt more Western-style oversight mechanisms and legal standards concerning the operation of its corporations. Corporate governance is critically important to a country's economic growth and stability, because it provides the credibility and confidence in management that is fundamental to capital markets. There has been sparse scholarly research on Chinese corporate governance to date, and this report begins to address this gap by providing an overview of corporate governance mechanisms in China. Kang, Shi, and Brown review the history of Chinese corporate governance; discuss eight pillars that make up the institutional framework for Chinese corporate governance; and identify problems associated with Chinese corporate governance, their policy implications, and areas for further research.
See Also:
Support RAND Research — Buy This Product!
Paperback Cover Price: $24.00
Discounted Web Price: $21.60
Pages: 60
ISBN/EAN: 9780833046116
Free, downloadable PDF file(s) are available below.
RAND makes an electronic version of this document available for free as a public service. If you find this information valuable, please consider purchasing a paper copy of the full document to help support RAND research.
Use Adobe Acrobat Reader version 7.0 or higher for the best experience.
Contents
Chapter One:
Introduction
Chapter Two:
The Development of Corporate Governance in China
Chapter Three:
The Institutional Framework
Chapter Four:
Problems of Corporate Governance in China
Chapter Five:
Conclusion
This research was conducted within the RAND Center for Corporate Ethics and Governance, which is part of the RAND Institute for Civil Justice.
This product is part of the RAND Corporation technical report series. RAND technical reports may include research findings on a specific topic that is limited in scope or intended for a narrow audience; present discussions of the methodology employed in research; provide literature reviews, survey instruments, modeling exercises, guidelines for practitioners and research professionals, and supporting documentation; or deliver preliminary findings. All RAND reports undergo rigorous peer review to ensure that they meet high standards for research quality and objectivity.
This research in the public interest was supported by RAND, using discretionary funds made possible by the generosity of RAND's donors, the fees earned on client-funded research, and independent research and development (IR&D) funds provided by the Department of Defense.
Permission is given to duplicate this electronic document for personal use only, as long as it is unaltered and complete. Copies may not be duplicated for commercial purposes. Unauthorized posting of RAND PDFs to a non-RAND Web site is prohibited. RAND PDFs are protected under copyright law. For information on reprint and linking permissions, please visit the RAND Permissions page.
The RAND Corporation is a nonprofit research organization providing objective analysis and effective solutions that address the challenges facing the public and private sectors around the world. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.
* RAND research is conducted across divisions, centers, and projects; these organizational components are represented in the "Related RAND Divisions" section above.
Top
RAND® is a registered trademark. Copyright © 1994-2009 RAND Corporation. Last Modified: April 20, 2009 