Comparative Corporate Governance: A Chinese Perspective

Comparative Corporate Governance: A Chinese Perspective
ISBN-10
904119908X
ISBN-13
9789041199089
Series
Comparative Corporate Governance
Category
Business & Economics
Pages
263
Language
English
Published
2003-04-01
Publisher
Kluwer Law International B.V.
Author
Yuwa Wei

Description

The analysis is notable for its insistence that, for a corporate governance system to work, the principles and practicalities of that system must be derived from customary cultural norms. Experience shows that imported models, although they may be enshrined in law, lead to economic 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.

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