Corporate Governance and Financial Reform in China's Transition Economy PDF ePub eBook

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Corporate Governance and Financial Reform in China's Transition Economy free pdf This book examines corporate governance reforms in China as an economy in transition - from a planned economy to a market economy - in the context of globalization and the country's accession to WTO. The author interprets China's experience as a gradualist transition strategy, which is appropriate given the existing constraints imposed by China's limited political, legal and regulatory framework. This approach also compares favorably with the radical privatization programme ("shock therapy") in Russia. In China, "institutional innovations" play a key role in discovering a better way to the market, even though such transitional institutions may not fully comply with a full market economy. Meanwhile, mutually supporting and complimentary structural reforms of China's enterprises, banks, and stock market should proceed hand in hand in order to achieve effective and sustained results during the transition.

About Leng Jing

Dr. Leng Jing is an assistant professor at the Faculty of Law, University of Hong Kong. She was educated in mainland China, Japan, and Canada. Her specialty is comparative corporate governance and financial regulation, with a focus on PRC corporate and financial law.

Details Book

Author : Leng Jing
Publisher : Hong Kong University Press
Data Published : 15 August 2009
ISBN : 9622099319
EAN : 9789622099319
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 352 pages
Age + : 15 years
Language : English
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