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Governance Of Private Enterprises In Modern China
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Book Synopsis Governance of Private Enterprises in Modern China by : Zhong Qin
Download or read book Governance of Private Enterprises in Modern China written by Zhong Qin and published by . This book was released on 1913-02-04 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Domestic private enterprises have dramatically re-emerged in China’s unique transition from a planned to a market-oriented economy, where the private sector plays an increasingly important role. The development of Chinese private enterprises differs from what standard property rights theory describes, particularly in the early stages of development. This gives rise to a concern that standard property rights theory may not be sufficient to explain the success of Chinese private enterprises. The core argument of this book is that family businesses, which are now the major form of corporate governance among Chinese private enterprises, have become dominant not only due to an improvement in the economic environment, but also because of the tendency for family trust to replace government trust.
Book Synopsis China's Emerging Private Enterprises by : Neil F. Gregory
Download or read book China's Emerging Private Enterprises written by Neil F. Gregory and published by World Bank Publications. This book was released on 2000-01-01 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report aims to take stock of the domestic private sector in China which has emerged over the past twenty years. It is based on surveys and interviews carried out in four locations in China where private sector development is relatively advanced. These studies were supplemented by discussions with entrepreneurs, industry associations, and government officials. The report focuses on three main themes: the structure of private enterprises, the enabling environment for their development and, access to financing. For each of these areas, the report presents an analysis of constraints on private sector development and outlines an agenda for addressing these constraints. The report recommends that, in order to encourage continuing private sector growth, the government should create a level playing field for all enterprises by intervening less and focusing on improved commercial legislation and more open markets. Financial institutions must develop to serve the private sector, and private enterprises need to mature and improve their corporate governance, in order to derive the most benefit from improvements in the business environment.
Book Synopsis The Revival of Private Enterprise in China by : Shunfeng Song
Download or read book The Revival of Private Enterprise in China written by Shunfeng Song and published by Routledge. This book was released on 2016-02-24 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: The re-emergence of private enterprises is one of the most important factors in China's recent economic development. They will play a key role in maintaining China's high growth rate and honouring its commitments to the WTO. Despite this they face obstacles to growth, including borrowing restrictions, high taxes, ineffective legal protection and lack of technical and information support. The authors in this book discuss these obstacles and propose measures for improving private enterprise development. They consider how private enterprises can help China mitigate its macroeconomic problems, such as unemployment, income inequality, financial disintermediation and cyclical boom and bust. Finally they examine the lessons to be learnt from other countries in promoting privatization.
Book Synopsis Private Enterprise in China by : Ross Garnaut
Download or read book Private Enterprise in China written by Ross Garnaut and published by ANU E Press. This book was released on 2012-12-01 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The book discusses the following matters relating to the development of private enterprise in China: market competition; finance; taxation; internal governance; labour and management skills; technological challenges; laws and government administrative regulations."--Introduction.
Book Synopsis Chinese Corporate Governance by : Yong Kang
Download or read book Chinese Corporate Governance written by Yong Kang and published by Rand Corporation. This book was released on 2008 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: As China has aligned itself more closely with the international economy, it has also sought to adopt more Western-style corporate governance mechanisms. This report provides an overview of overview of corporate governance mechanisms in China, as well as an examination of continuing challenges and policy implications.
Book Synopsis Governing Enterprises in China by : Zhang Cheng
Download or read book Governing Enterprises in China written by Zhang Cheng and published by Springer Nature. This book was released on 2021-06-24 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the nature of the marketization of corporate boards following the introduction of the split share reform, corporate board and shareholder relations, corporate performance, and risk-taking conduct in China. The chapters cover topics such as determinants of corporate board size and independence, corporate risk-taking conduct under different controlling shareholder types. The book deepens our understanding of corporate governance mechanisms as most previous studies have limited their findings using mainstream perspectives grounded on neoclassical theory. It outlines that China’s corporate board composition is determined by the board’s scope of operation, monitoring, bargaining power, and other governance mechanisms and regulations. It also offers a comparison between China’s experience with other economies in general and other transition economies in particular. As such, the book represents an essential overview of the current concerns regarding corporate governance in China. It is of great interest to legal researchers, policymakers, and legal practitioners working with business investments in China.
Book Synopsis The Making of the State Enterprise System in Modern China by : Morris L. BIAN
Download or read book The Making of the State Enterprise System in Modern China written by Morris L. BIAN and published by Harvard University Press. This book was released on 2009-06-30 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: When, how, and why did the state enterprise system of modern China take shape? The conventional argument is that China borrowed its economic system and development strategy wholesale from the Soviet Union in the 1950s. In an important new interpretation, Bian shows instead that the basic institutional arrangement of state-owned enterprise--bureaucratic governance, management and incentive mechanisms, and the provision of social services and welfare--developed in China during the war years 1937-1945.
Book Synopsis Corporate Governance and Enterprise Reform in China by : Stoyan Tenev
Download or read book Corporate Governance and Enterprise Reform in China written by Stoyan Tenev and published by World Bank Publications. This book was released on 2002 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: As China continues in its evolution from a planned economy to a market economy, and from an agricultural to a manufacturing and service-oriented economy, issues arising from owner diversification, corporate governance, and labor resource allocation have come to the forefront. Most particularly, corporate governance is being focused on as the state continues its withdrawal from direct ownership. This study evaluates short- and medium- term corporate governance issues impacting companies involved in ownership diversification. It examines problems associated with governance such as cost and framework design and makes recommendations concerning the many facets of corporate governance.
Book Synopsis Capitalism Without Democracy by : Kellee S. Tsai
Download or read book Capitalism Without Democracy written by Kellee S. Tsai and published by Cornell University Press. This book was released on 2007 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the activities and aspirations of the private entrepreneurs who are driving China's economic growth.
Book Synopsis Business, Government and Economic Institutions in China by : Xiaoke Zhang
Download or read book Business, Government and Economic Institutions in China written by Xiaoke Zhang and published by Springer. This book was released on 2017-12-14 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together conceptual and empirical analyses of the causes and consequences of changing business–government relations in China since the 1990s, against the backdrop of the country’s increased integration with the global political economy. More specifically, it provides an interdisciplinary account of how the dominant patterns of interactions between state actors, firms and business organizations have changed across regions and industries, and how the changing varieties of these patterns have interacted with the evolution of key market institutions in China. The contributors to this edited volume posit that business–government relations comprise a key linchpin that defines the Chinese political economy and calibrates the character of its constitutive institutional arrangements.
Book Synopsis The Governance Structures of Chinese Firms by : Chun Liao
Download or read book The Governance Structures of Chinese Firms written by Chun Liao and published by Springer Science & Business Media. This book was released on 2009-08-02 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s extraordinary economic growth is inspiring research from a wide spectrum of fields to explain the phenomenon: What are the primary drivers of China’s economic growth? Can it be sustained? Can the Chinese business model be emulated by other countries? What long-term effects will China’s economic growth have on the global economy? In this volume, Chun Liao explores these issues in the context of firms’ governance structures, arguing that China’s dual business system of state-owned enterprises and private enterprises is uniquely suited to the challenges of economic development in the twenty-first century. On the one hand, China’s state-owned enterprises are characterized by state coordination, bank financing, insulation from the stock market fluctuations, and incremental productivity-enhancing innovations, which are similar to the firms in the business systems of coordinated market economies (like Germany and Japan). On the other hand, China’s private enterprises are characterized by private (often family) ownership, hard budget constraints, profit maximization, and more risky radical innovation, which are similar to the firms in the business systems of liberal market economies (like the US and the UK). Based on the state controlling shareholding in the state sector, the boundary between the state sector business system and private sector business system is clear. This dual type system is contrasted with those in liberal market economies and those in coordinated market economies, where only one type system dominates. Drawing from empirical data and industry analysis over the past 15 years, Liao provides unparalleled access to the dynamics of the Chinese economy, including ownership structure, management design, labor-management relations, business infrastructure, capitalization (including role of banks and financial institutions, private investment, and FDI) in both the public and private sectors. In the process, she analyzes both opportunities and challenges that result from China’s dual business system, particularly in regard to innovation, core competitiveness, and sustainable growth in both state strategic technology-based industries and private high technology industries . The result is an approach that sheds new light on China’s economic performance and its rise as a player on the international stage.
Book Synopsis The Revival, Legitimization, and Development of Private Enterprise in China by : Z. Chen
Download or read book The Revival, Legitimization, and Development of Private Enterprise in China written by Z. Chen and published by Palgrave Macmillan. This book was released on 2014-01-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book illustrates the decline of the state-encouraged revival and legitimization of private enterprises in 1980s China. Chen argues that the rapid growth of private enterprises strengthened the fiscal power of the state, leading the Chinese government to take an increasingly interventionist stance.
Book Synopsis Private Business and Economic Reform in China by : Susan Young
Download or read book Private Business and Economic Reform in China written by Susan Young and published by M.E. Sharpe. This book was released on 1995 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on Party and state documents, Chinese newspaper reports and surveys, the Chinese and Western scholarly literature and the author's own fieldwork, this important study examines the private sector as a case study of the mechanics of reform in China, emphasizing the relationships among local officials, private businesses, and central policy. The book traces the growth of private business in China since 1978 and focuses on the interaction between private sector policy and other reforms and examines how this has affected China's political economy.
Book Synopsis The Palgrave Handbook of Local Governance in Contemporary China by : Jianxing Yu
Download or read book The Palgrave Handbook of Local Governance in Contemporary China written by Jianxing Yu and published by Springer. This book was released on 2019-01-07 with total page 767 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook provides a comprehensive overview of local governance in China, and offers original analysis of key factors underpinning trends in this field drawing on the expertise of scholars both inside and outside China. It explores and analyzes the dynamic interaction and collaboration among multiple governmental and non-governmental actors and social sectors with an interest in the conduct of public affairs to address horizontal challenges faced by the local government, society, economy, and civil community and considers key issues such as governance in urban and rural areas, the impact of technology on governance and related issues of education, healthcare, environment and energy. As the result of a global and interdisciplinary collaboration of leading experts, this Handbook offers a cutting-edge insight into the characteristics, challenges and trends of local governance and emphasizes the promotion of good governance and democratic development in China.
Book Synopsis Xi Jinping: A Lowy Institute Paper: Penguin Special by : Richard McGregor
Download or read book Xi Jinping: A Lowy Institute Paper: Penguin Special written by Richard McGregor and published by Penguin Group Australia. This book was released on 2019-07-16 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Xi Jinping has transformed China at home and abroad with a speed and aggression that few foresaw when he came to power in 2012. Finally, he is meeting resistance, both at home among disgruntled officials and disillusioned technocrats, and abroad from an emerging coalition of Western nations that seem determined to resist China’s geopolitical and high-tech expansion. With the United States and China at loggerheads, Richard McGregor outlines how the world came to be split in two.
Book Synopsis China's State-owned Enterprises by : Hong Sheng
Download or read book China's State-owned Enterprises written by Hong Sheng and published by World Scientific. This book was released on 2013 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nature, the Performance, and the Reform of State-owned Enterprises provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It shows that state ownership in the form of SOEs does not use resources efficiently and has a poor record in income distribution. Moreover, SOEs are found to enjoy unfair advantages in their competition with other firms. To illustrate the point, the book presents data revealing how favored policies, monopolistic powers, and subsidies benefit SOEs. These advantages are worth several trillion yuans a year. It is a sad irony that such wealth of the people is used to beef up the revenues of the SOEs, making their accounts look much better than they should be.This book, with its rich empirical data and information, is an authoritative reference for researchers interested in SOEs. It is also a good read for students of social sciences and the public to learn more about SOEs.
Book Synopsis The Governance Structures of Chinese Firms by : Chun Liao
Download or read book The Governance Structures of Chinese Firms written by Chun Liao and published by Springer Nature. This book was released on 2021-06-01 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book systematically defines and analyses the rise of China’s innovation system and Chinese corporate governance model. China’s achievement in artificial intelligence and high technology innovation has attracted the global attention. The country’s innovation system and Chinese model arose during the period between the mid-1990s and the first decade of 21 century, making it one of the leading countries in those fields. This revised and expanded edition examines the Chinese innovation business model based on the basic concept of firm’s governance structure. It builds upon five dimensions: ownership and shareholding structure; interrelation between employer and employee; interrelation between firms; financing pattern and performance criteria; and innovation system and core competitiveness. This book also compares China’s innovation system with the American model and with the European model exemplified by Germany.
