Corporate Governance and Financial Reform in China's Transition Economy

Front Cover
Hong Kong University Press, Jun 1, 2009 - Business & Economics - 328 pages
The world economy is facing unprecedented challenges brought by the still unfolding global financial crisis. At this critical juncture in history, China's economic performance and financial stability are closely watched across the world. The current global economic downturn and the rigidities it poses on the growth prospects of any individual economy are a testing ground for the effects of China's corporate governance reform and financial reform that have been taking place in recent years. It is now a proper time to assess whether these reforms have yielded meaningful results which can help China withstand and navigate through the most severe economic difficulties of our times. This book provides a comprehensive and up-to-date review and critique of corporate governance reforms and related financial reforms in China during the country's transition to a market economy, involving its enterprise, banking and capital markets sectors. China's participation in economic globalization, symbolized by its accession to the World Trade Organization, is taken as a broad background to the country's domestic reform agenda. By exploring the dynamics of China's evolving corporate governance regime, this book presents an important country study of corporate governance reforms in developing and post-communist transition economies to show the possibility of alternative paths to the market.

What people are saying - Write a review

We haven't found any reviews in the usual places.


1 Introduction
2 Basic Concepts of Corporate Governance and Global Movements in Corporate Governance Reforms
3 The History of Chinas Enterprise Reformand Emerging Corporate Governance Issues
4 Corporate Governance Practices of Major Types of Chinese Enterprises and Institutional Constraints on Corporate Governance Improvements durin...
5 The Interaction between Capital Marketsand Corporate Governance of Chinese Listed Companies
6 Corporate Governance Reform of Chinas Banking System
7 The Chinese Experience in International Corporate Governance Debates
8 Conclusion
Appendix 1 Abbreviations
Appendix 2 Chinese Government and Regulatory Agencies
Appendix 3 Chinese Terms
Appendix 4 Chinese Language Financial Newspapers and Journals
Appendix 5 Glossary

Other editions - View all

Common terms and phrases

About the author (2009)

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.

Bibliographic information