1.

Record Nr.

UNINA9910814175703321

Autore

Chen Jian <1962->

Titolo

Corporate governance in China / / Jian Chen

Pubbl/distr/stampa

London ; ; New York, : RoutledgeCurzon, 2005

ISBN

1-134-28353-9

1-134-28354-7

1-280-05880-3

0-203-53694-0

Edizione

[1st ed.]

Descrizione fisica

1 online resource (192 p.)

Collana

RoutledgeCurzon studies on the Chinese economy ; ; 9

Classificazione

85.00

Disciplina

338.6/0951

Soggetti

Corporate governance - China

Industrial policy - China

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. [153]-169) and index.

Nota di contenuto

Book Cover; Title; Contents; List of figures; List of tables; Preface; Acknowledgements; List of abbreviations; Introduction; Theoretical approaches to corporate governance; The evolution of corporate governance in China; The effect of ownership structure on the underpricing of Initial Public Offerings; Ownership structure as a corporate governance mechanism; The determinants of capital structure; Chinese corporate groups: a perspective from governance structure; General conclusions and future work; Notes; References; Index

Sommario/riassunto

Based on extensive original economic analysis, Chen examines key questions relating to corporate governance in China, including the relationship between ownership structure and corporate performance, the determinants of capital structure, and the nature of contemporary governance structures. It concludes that corporate performance is positively related to ownership concentration, but negatively related to state ownership, and that contemporary corporate governance structures are heavily dependent on previous structures in the centrally-planned economy and on the path of transition to the marke