Understanding corporate governance in China   

• Product Details

  Product #

  2566767B

  Author(s)

  Tricker, Bob

  City

  Hong Kong 

  Country

  China 

  Language

  English 

  ISBN

  9789888455713 

  Date of Publication

  2019 

  Publisher

  Hong Kong University Press  

  Cover Type

  Soft cover 

  Pages

  316 

  Subject

  Economics / Business / Commerce

  Subject

  Government / Political Parties

   

• Product Details in Original Language

  Author

  Tricker, Bob

  Publisher

  Hong Kong University Press  

• Description

  China has traveled a unique road to reach its present economic significance in the world with corporate governance central to political and economic policy. In Understanding Corporate Governance in China, Bob Tricker and Gregg Li look at a variety of companies in China and the challenges they face. Based on in-depth interviews with business leaders, entrepreneurs, auditors, bankers, lawyers, and others closely involved in corporate governance in China, they argue that corporate governance involves more than company law, governance guidelines, and the rules of the stock exchanges and regulatory authorities. Culture and ethics lie at the core of corporate governance. In Chinese business these are still evolving, and business-government relations continue to change. It is vital to understand how business people and officials act in practice in China. They also explain how the regulatory framework of corporate governance in Hong Kong increases the sophistication. As more and more companies based in mainland China are listed on the Hong Kong Stock Exchange and increasingly dominate the Hong Kong market, the business worlds of China and Hong Kong become intertwined and grow together. After a brief introduction to the basic theories of corporate governance and the evolution of corporate governance in China, the book guides the reader through current issues and practices in both mainland China and Hong Kong. Topics like Chinese culture and ethics, the regulatory corporate governance framework in mainland China and Hong Kong, the function and practice of the board of directors in China, and the governance of Chinese companies abroad are covered.