Inefficient state-owned enterprises in China were forced to restructure to remain competitive, which led to a phenomenal growth. While economically successful, China initially did not have any fundamental laws governing companies or manage this growth, so Chinese legislators were forced to move corporate law in the developed western countries. However, the process of transplantation is not without any problems, and some internal attributes should be added to the company law in line with China's socialist goals and cultural values. The paper analyzes the key attributes of Chinese corporate governance and rules relating to the rights of shareholders and, in the process, the basic provisions that are inherent, and is characterized as a uniquely Chinese, eventually raising more questions than answers shareholders' Hide
by Daniel Ho Alex Lau, Angus Young Source: Business Horizons 8 pages. Publication Date: November 15, 2012. Prod. #: BH501-PDF-ENG
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