Corporate Governance in China: A Survey*
Abstract
This article surveys corporate governance in China, as described in a growing literature published in top journals. Unlike the classical vertical agency problems in Western countries, the dominant agency problem in China is the horizontal agency conflict between controlling and minority shareholders arising from concentrated ownership structure; thus one cannot automatically apply what is known about the USA to China. As these features are also...
Paper Details
Title
Corporate Governance in China: A Survey*
Published Date
May 13, 2020
Journal
Volume
24
Issue
4
Pages
733 - 772
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Notes
History