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The Political Determinants of Corporate Governance in China (Paperback)
Loot Price: R1,233
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The Political Determinants of Corporate Governance in China (Paperback)
Series: Routledge Research in Corporate Law
Expected to ship within 12 - 17 working days
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This book investigates the key factors shaping corporate governance
in China and presents a sophisticated study of corporate governance
in China from a comparative and historical perspective. Drawing on
extensive corporate governance literature, this book articulates
why path dependence theory is the most effective framework for
interpreting the development path of Chinese corporate governance.
Chenxia Shi reviews the historical role of government in commercial
development and regulation in dynastic China and in early corporate
law-making, followed by an account of China's legal and economic
development over the last three decades. This historical inquiry
identifies government control as the key feature of economic and
market regulation in China. In particular, this book canvasses the
evolution of governance of State-Owned Enterprises and listed
companies, major corporate governance problems, regulatory
challenges posed by China's increasing participation in economic
globalization, and enforcement difficulties particularly in
relation to investor protection, directors' duties and
accountability. Ultimately, Political Determinants of Corporate
Governance in China demonstrates that corporate governance in China
is largely determined by political imperatives and those political
imperatives have been shaped and re-shaped in a historical process.
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