Corporate governance in China: the role of the state and ideology in shaping reforms

Angus YOUNG, Grace LI, K L Alex LAU

Research output: Contribution to journalArticlepeer-review

Abstract

Examines the political and ideological influences on China's economic reforms since the early 1980s. Discusses the influence of the Chinese Communist Party and Confucianism on economic progress and assesses the effect of reforms. Outlines the requirement for new corporate governance laws to meet the needs of expanding private businesses and considers China's use and adaptation of some Western models of corporate governance. Comments on whether these fit easily with China's business culture. Criticises the shortcomings of China's corporate laws. Looks in particular at the telecommunications industry and at the Company Law 2006.
Original languageEnglish
Pages (from-to)204-211
JournalCompany Lawyer
Volume28
Issue number7
Publication statusPublished - Jan 2007

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