Governing enterprises in China : corporate boards, ownership and markets / / Zhang Cheng, Rajah Rasiah, Kee Cheok Cheong

• Autore: Cheng Zhang
• Pubblicazione: Gateway East, Singapore : , : Springer, , [2021]; ©2021
• Descrizione fisica: 1 online resource (175 pages)
• Disciplina: 338.60951
• Soggetto topico: Corporate governance - China
• Persona (resp. second.): RasiahRajah; CheongKee Cheok
• Nota di contenuto: Intro -- Preface -- Contents -- About the Authors -- Symbols and Abbreviations -- List of Figures -- List of Tables -- 1 Introduction -- 1.1 Fundamentals of Corporate Governance -- 1.2 Background of the Study -- 1.2.1 China's State Enterprise Reform by Stages -- 1.2.2 China's Capital Market Reform -- 1.2.3 Split-Share Reform -- 1.2.4 Legal Infrastructure -- 1.2.5 Corporate Markets -- 1.3 Motivation for Study -- 1.4 Problematizing Corporate Governance -- 1.5 Objectives -- 1.6 Outline of Book -- 2 Theoretical Considerations -- 2.1 Introduction -- 2.2 Critical Theories -- 2.2.1 Agency Theory -- 2.2.2 Institutional Theory -- 2.2.3 Stewardship Theory -- 2.2.4 Stakeholder Theory -- 2.2.5 Power Circulation Theory -- 2.3 Key Concepts and Past Empirical Evidence -- 2.3.1 Board Structure -- 2.3.2 Board Independence -- 2.3.3 Supervisory Board -- 2.3.4 Board Size -- 2.3.5 CEO's Influence -- 2.3.6 Ownership Structure -- 2.3.7 Split-Share Structure Reform -- 2.3.8 Controlling Shareholders -- 2.4 Hypotheses Formulation -- 2.4.1 Scope of Operation -- 2.4.2 Monitoring Hypothesis -- 2.4.3 Bargaining Hypothesis -- 2.5 Summary -- 3 Methodology -- 3.1 Introduction -- 3.2 Conceptual Framework -- 3.3 Analytical Framework -- 3.4 Research Design -- 3.4.1 Research Approach -- 3.4.2 Hypotheses Development -- 3.4.3 Modelling -- 3.4.4 Sample and Data -- 3.4.5 Statistical Robustness -- 3.5 Summary -- 4 Determinants of Board Composition -- 4.1 Introduction -- 4.1.1 Description of Variables -- 4.2 Variations in Corporate Governance Mechanisms During Reform -- 4.3 Board Size and Board Independence During the Reform -- 4.3.1 Determinants of Board Size and Board Independence -- 4.3.2 Determinants of Board Size -- 4.3.3 Determinants of Board Independence -- 4.3.4 Determinants of Board Size and Board Independence During Reform. ; 4.3.5 Determinants of Board Size and Board Independence Before and After Split-Share Structure Reform -- 4.3.6 Determinants of Board Size: A Comparison of Controlling Shareholders -- 4.3.7 Determinants of Board Independence: Comparing Controlling Shareholders -- 4.4 Summary -- 5 Corporate Governance Mechanisms and Firm Performance -- 5.1 Introduction -- 5.2 Influence of Corporate Governance Mechanisms on Firm Performance -- 5.2.1 Linear Estimation -- 5.2.2 Nonlinear Estimation -- 5.3 Joint Effect of Board Structure, Ownership Structure and CEO Characteristics on Firm Performance -- 5.4 Influence of Controlling Shareholders on Firm Performance -- 5.5 Controlling Shareholders and Corporate Governance's Impact on Firm Performance -- 5.6 Corporate Governance Mechanisms and Firm Performance: Before and After Reform -- 5.7 Summary -- 6 Corporate Governance Mechanisms and Firm Risk-Taking -- 6.1 Introduction -- 6.2 Influence of Corporate Governance Mechanisms on Firm Risk-Taking -- 6.2.1 Linear Estimation -- 6.2.2 Non-linear Estimation -- 6.3 Joint Effects of Board Structure and Ownership Structure on Firm Risk-Taking -- 6.4 Influence of Controlling Shareholder Types on Firm Risk-Taking -- 6.5 Influence of Corporate Governance Mechanism on Firm Risk-Taking: Comparison of Controlling Shareholders -- 6.6 Influence of Corporate Governance Mechanisms on Firm Risk-Taking Before and After Reform -- 6.7 Summary -- 7 Conclusions -- 7.1 Synthesis of Findings -- 7.1.1 Determinants of Board Composition -- 7.1.2 Corporate Governance and Firm Performance -- 7.1.3 Corporate Governance and Firm's Risk-Taking Conduct -- 7.2 Implications for Theory -- 7.3 Implications for Policy -- 7.4 Directions for Future Research -- Appendix A -- Appendix B -- Appendix C -- Appendix D -- References -- Index.
• Titolo autorizzato: Governing enterprises in China
• ISBN: 981-16-3116-6
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910488722203321
• Lo trovi qui: Univ. Federico II
• Serie: Dynamics of Asian development.