Proposing a Model for Corporate Governance in China's Listed Companies: Problems and Prospects

30 Pages Posted: 29 Apr 2014

See all articles by Lay Hong Tan

Lay Hong Tan

RHTlawtaylorwessing LLP

Jiangyu Wang

City University of Hong Kong (CityU) - Centre for Chinese & Comparative Law

Date Written: March 31, 2004

Abstract

Even though a considerable amount of research has been done in the area of corporate governance, little of such research is done on China. Inspired by its recent economic reforms, this research attempts to appraise the current state of corporate development in China and thereafter, propose a suitable corporate governance model that is applicable to Chinese companies.

This study has provided a number of insights to be discussed in greater detail in following parts. It can be seen that both internal and external mechanisms in China are weak and are unable to serve as effective monitoring mechanisms. Therefore, we conclude that a performance-oriented approach will be more effective.

Keywords: China, Corporate Governance

JEL Classification: K20, K22

Suggested Citation

Tan, Lay Hong and Wang, JiangYu, Proposing a Model for Corporate Governance in China's Listed Companies: Problems and Prospects (March 31, 2004). Available at SSRN: https://ssrn.com/abstract=526942 or http://dx.doi.org/10.2139/ssrn.526942

Lay Hong Tan (Contact Author)

RHTlawtaylorwessing LLP ( email )

6 Battery Road
#10-01
Singapore, 049909
Singapore
63816858 (Phone)

JiangYu Wang

City University of Hong Kong (CityU) - Centre for Chinese & Comparative Law ( email )

83 Tat Chee Avenue
Room P5300, 5th Floor, Academic 1
Kowloon Tong
Hong Kong
34427026 (Phone)

HOME PAGE: http://www.cityu.edu.hk/slw/people/people_wang_jiangyu.html

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