Best-selling in Textbooks
Save on Textbooks
- AU $68.00Trending at AU $81.09
- AU $166.94Trending at AU $170.17
- AU $105.90Trending at AU $117.55
- AU $98.79Trending at AU $108.59
- AU $104.89Trending at AU $106.99
- AU $49.76Trending at AU $52.38
- AU $92.78Trending at AU $105.54
About this product
- DescriptionIn marked contrast to other regimes that have, virtually overnight, abandoned state control of enterprises and espoused Western models of corporate governance, China has pursued a gradual transition suited to its own unique traditions, culture, and customs. Although this new corporate system is still evolving, it is clear that China is w ready for a nation-wide movement of corporatisation and reform. This title draws on the entire corpus of corporate governance theory, both East and West, and also on the experience of many countries since the 1930s, to develop a coherent model appropriate for China. In the process the author shows how various corporate mechanisms have been tentatively introduced into China's state-owned enterprises and how such experimentation has, piece by piece, provided a firm basis for a modern enterprise system. How to build an efficient and culturally appropriate governance system, both in law and in practice, on this foundation is the focus of this book. The analysis is table for its insistence that, for a corporate governance system to work, the principles and practicalities of that system must be derived from customary cultural rms. Experience shows that imported models, although they may be enshrined in law, lead to ecomic stagnation unless actual practice is monitored and reformed and the laws change to reflect these necessary adjustments. Thus the model proposed here begins with the Company Law of 1994, and proceeds to show how practical experience is already providing valuable data for the task of improving the law. This process, by which law and business practice continue to regulate each other, is, in the author's view, the essential ingredient of a successful corporate system. The author's approach is fundamentally comparative. He discusses and analyses models that have either created globally powerful corporate ecomies or carried out reforms that have brought new insights to corporate development. In this connection he examines the law and experience of the UK, the USA, Germany, and Japan, as well as Chinese communities overseas and some former British Commonwealth countries.
- Author(s)Yuwa Wei
- PublisherKluwer Law International
- Date of Publication30/03/2003
- SubjectNational Law: Professional
- Series TitleGlobal Trade & Finance S.
- Series Part/Volume Numberv. 3
- Place of PublicationZuidpoolsingel
- Country of PublicationNetherlands
- ImprintKluwer Law International
- Content Notebibliography, index
- Weight549 g
- Width169 mm
- Height230 mm
- Spine21 mm
This item doesn't belong on this page.
Thanks, we'll look into this.