Institutional Change and Corporate Governance Diversity in China's SOEs
Asia Pacific Business Review 24(3): 273-293 (2018)
39 Pages Posted: 26 Apr 2018
Date Written: April 8, 2018
Abstract
This study investigates the impact of different types of state ownership on corporate governance, with particular reference to state-owned enterprises in China. Our findings are that Chinese institutional reforms have produced diversified state ownership regimes. We argue that different types of government ownership exert different influences on ownership structure and executive shareholding. The study contributes to corporate governance research by challenging the conventional definition of state ownership and proposes that corporate governance studies should incorporate changing institutional environments in emerging economies.
Keywords: China, corporate governance, boards, SOEs, state-owned enterprises, institutions, institutional environment
JEL Classification: G34
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