This case focuses on the legal and administrative evolution of a limited liability company in China, the example of Dasheng cotton mills in Nantong near Shanghai. Dasheng, one of the first and most successful industries in the pre-war China, was founded by well-known entrepreneur Zhang Jian (1853-1926). Having gone through a variety of economic and political crises, Dasheng cotton mills became a public company in 1953. As a result of economic reforms, the successor of the original company was transformed Dasheng in Jiangsu Dasheng Co., Ltd in 1996. Corporate governance, legal environment, government relations and the role of family business structures discussed in the context of how they formed the business environment in the pre-war China and continue to influence Chinese culture enterprise in 2008. "Hide
by Elisabeth Koll Source: Harvard Business School 18 pages. Publication Date: February 6, 2008. Prod. #: 308068-PDF-ENG
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