This book examines the success story of Seng Heng Bank (SHB), the successful acquisition of SHB by Industrial and Commercial Bank of China (ICBC), and the continuing sound management and performance of ICBC (Macau). It shows how a loss-making small bank grew into one of the best banks in Macao and highlights the achievement, awards, and recognition of SHB. The authors detail the SHB acquisition process by ICBC, the biggest bank in the world in terms of total assets. They identify the main contributing factors for the success of SHB and draw conclusions and implications for bank managers in the region and beyond. This book will be of interest to finance professionals and business scholars.

This book provides insights into current issues in corporate governance by examining twelve cases from the 2010s and 2020s where corporate governance was seen to be an issue. The cases are designed to introduce the reader to 'real life' episodes with corporate governance implications, shedding light on why corporate scandals continue to occuer, to what extent these are a corporate governance failure, and in which ways corporate governance - and the behaviour of those involved in ensuring good governance and an ethical culture in their business - may be improved in the future. This book will be of interest to businesspeople, students of business, and lawyers and motivate discussion on the reasons why corporate governance failed, or was seen to be inadequate.

First published in 1999, this volume aims to explore the impact of China's recent economic reforms and dynamic economic progress on land use, the property market and construction activity under the leadership of Deng Xiaoping until his death in 1997. Following the famine and bloody mayhem of Mao Zedong's Great Leap Forward and Cultural Revolution, Deng Xiaoping took on the task of piecing the country back together to once more become a leading world economy. Here, Jean Jinghan Chen and David Wills concentrate on his reforms and progress, examining at what point power can be said to have passed from Deng Xiaoping to Jiang Zemin, to what extent Deng's political philosophy remained in place under the new government and what this means for China's economic reforms on land, property and construction. The authors provide a view on how management of the physical environment needs to be considered in the context of economic progress to achieve sustainable development.

First published in 1999, this volume aims to explore the impact of China's recent economic reforms and dynamic economic progress on land use, the property market and construction activity under the leadership of Deng Xiaoping until his death in 1997. Following the famine and bloody mayhem of Mao Zedong's Great Leap Forward and Cultural Revolution, Deng Xiaoping took on the task of piecing the country back together to once more become a leading world economy. Here, Jean Jinghan Chen and David Wills concentrate on his reforms and progress, examining at what point power can be said to have passed from Deng Xiaoping to Jiang Zemin, to what extent Deng's political philosophy remained in place under the new government and what this means for China's economic reforms on land, property and construction. The authors provide a view on how management of the physical environment needs to be considered in the context of economic progress to achieve sustainable development.

This book is the first to explore the issue of corporate governance in China's new corporations. With rapid development over the last two decades, China has seen compelling achievements in overseas investment. Specifically, an increasing number of Chinese companies have been "going out" to become multinational enterprises. From the practical view, corporate governance issues have been identified in the literature as one of the most important factors in determining whether these Chinese multinational enterprises succeed or not. However, existing literature provides little investigation and understanding about corporate governance of Chinese multinational enterprises. This book fills that gap and will be of value to corporate executives, scholars of China's economy, and journalists.

Multinational enterprises have become a main engine of the global economy, technical advancement, and product innovation, playing a pivotal role in the world economy and the global technological revolution. However, MNEs are also often embroiled in financial fraud and corporate scandal which show that MNEs should improve their corporate governance. Meanwhile, as COVID- 19 runs rampant across the world, populism and deglobalisation have resurged, and protectionism and unilateralism are exerting negative impacts on the world economy. Achieving sustainable development in this context is a test of a company's management and governance abilities. How should they be governed? This book will be a useful tool for university research-led teaching and fundamental research in corporate governance theories of MNEs in general, as well as using Chinese case studies as evidence to support our theoretical arguments.

This book is the first to explore the issue of corporate governance in China's new corporations. With rapid development over the last two decades, China has seen compelling achievements in overseas investment. Specifically, an increasing number of Chinese companies have been "going out" to become multinational enterprises. From the practical view, corporate governance issues have been identified in the literature as one of the most important factors in determining whether these Chinese multinational enterprises succeed or not. However, existing literature provides little investigation and understanding about corporate governance of Chinese multinational enterprises. This book fills that gap and will be of value to corporate executives, scholars of China's economy, and journalists.

Since its opening up and economic reforms in 1979, China has undergone tremendous economic growth and social development, with a ten percent real gross domestic product growth per year on average through 2013. In spite of such an accomplishment, the current economic growth model in China, which is mainly triggered by the export-led policy and the huge government investment, has been challenged by potential external and internal risks, which do not support sustainable economic growth in the long run. In this book, the author comprehensively reviews the corporate governance practices in China, identifying the major problems within such practices. It is contended that these problems have been seen as the major challenges facing the Chinese economy, and further, that the current weakness of corporate governance practices in China can be ascribed, to a great extent, to the incompleteness and weakness of law enforcement.