Principal Constraints and Challenges of Introducing Effective System of Corporate Governance in Emerging China

Principal Constraints and Challenges of Introducing Effective System of Corporate Governance in Emerging China

Sidaq

Contact

Panjab University

Principal Constraints and Challenges of Introducing Effective System of Corporate Governance in Emerging China

Article Fingerprint

ReserarchID

R017G

Principal Constraints and Challenges of Introducing Effective System of Corporate Governance in Emerging China Banner

AI TAKEAWAY

Connecting with the Eternal Ground

Abstract

In this article, I examine the evolution of corporate governance reforms in the emerging economy of China. I first describe the importance of corporate governance for development and driving forces behind governance reforms in china. After summarizing the evolution of governance reforms in china ,I identify major obstacles that impede their implementation in china namely (A)Highly Concentrated Ownership Structure (B) Lack of Incentives (C) Power of the dominant shareholder (D) Lack of Independence among Directors (E)Underdeveloped external monitoring systems (F) Corruption (G) Frequent Insider Trading (H)Falsification and Fabrication of Financial Data (I) Immature Capital Market (J) Shortage of qualified independent directors (K) Insider Control of Corporate Affairs (L) Weak Supervisory Board (M) Weak Auditing Profession.

References

39 Cites in Article

Reference Format

Q Liu (2005). Corporate Governance in China: Current Practices, Economic Effects and Institutional Determinants.
Kit On,Tam Ethical Issues in the Evolution of Corporate Governance in China.
Thomas Lin (2004). Corporate Governance in China: Recent Developments, Key Problems, and Solutions.
Shenshi Mei The Corporate Governance of Listed Companies in China: Some Problems and Solutions.
G Yuan,Dennis Shan,Taylor Related-Party Disclosures in the Two-Tier Board System in China: Influences of Ownership Structure and Board Composition.
Lay Hong,Tan,Jiangyu Wang (2007). Modelling an EffectiveCorporate Governance System forChina"s Listed State-Owned Enterprises: Issues and Challenges in a Transitional Economy.
Yuwa Wei (2003). An Overview of Corporate Governance in China.
L Du (2005). Explaining Local-Government-Owned Enterprises in Different Sectors in China through the Legal Theory.
Martin Conyon,Lerong He (2011). Executive compensation and corporate governance in China.
Donald Clarke (2010). The role of non-legal institutions in Chinese corporate governance.
Mabel Tsui (2010). Corporate Governance in China.
Yuan George,Shan,David Round (2012). China's Corporate Governance: Emerging Issues and Problems.
M Conyon,L He (2011). Executive compensation and Corporate Governance in China (ICS 2011-003.
(2005). Governance in China.
Yiyong Zhang (2000). 10. Going Public in Perspective: What Should the President Do?.
Donald Clarke (2010). Law without Order in Chinese Corporate Governance Institutions.
(2005). China in the Global Economy, Governance in China.
Alexander Kostyuk,C,-B (2011). Editorial: An international outlook of the corporate governance research.
Yong Kang,Lu Shi,Elizabeth Brown (2008). Chinese Corporate Governance: History and Institutional Framework by.
Yuan Shan,Dennis Taylor (2008). Related-party disclosures in the two-tier board system in China: Influences of ownership structure and board composition.
S Brefort (2002). Corporate Governance and Building the Institutions of Modern Markets Enterprise Reform in China.
Q Liu (2006). Corporate Governance in China: Current Practices, Economic Effects and Institutional Determinants.
Yong Kang,Lu Shi,Elizabeth Brown (2008). The Evolution of Corporate Governance in China.
Kha Lee (2007). China and Corporate Governance.
(2003). China Corporate Governance Report.
K Tai,C Wong (2003). Standard & Poor's country governance study: Corporate governance in China.
A Shleifer,R Vishny A survey of corporate governance.
(2011). Corporate governance reform in China: progress and challenges.
S Charles Oman (2003). Corporate Governance in Developing, Transition and Emerging-Market Economies.
Donald Clarke (2003). Corporate governance in China: An overview.
Donald Clarke (2003). Corporate governance in China: An overview.
Clsa (2012). corporate governance watch.
Jingjing Yang,J (2011). A review of corporate governance in China.
J Lamjav (2009). The evolution of corporate governance in China.
C Lin (2000). challenges in corporate governance development in china.
T Lin (2004). Corporate Governance in China: Recent Developments, Key Problems, and Suggested Solutions.
Y Nandini Rajagopalan (2008). Business horizons, kelly School of Business.
(2006). Corporate Governance in China -An Investor Perspective.
L Wang modeling an effective corporate governance system for china's state owned.

Download References

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Sidaq. 2014. \u201cPrincipal Constraints and Challenges of Introducing Effective System of Corporate Governance in Emerging China\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 14 (GJMBR Volume 14 Issue A6).

More Citation Formats

Select Citation Style:

Download Citation

GJMBR Volume 14 Issue A6

Explore Journals Explore Volume Read This Issue

Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

China Corporate Governance Emerging Economies

Submission ReceivedDecember 8, 2013
Peer Review Double Blind
Handling Editor
Accepted January 5, 2014
Published January 15, 2014

Version of record

v1.2

Issue date

September 13, 2014

Language

Experiance in AR

Explore published articles in an immersive Augmented Reality environment. Our platform converts research papers into interactive 3D books, allowing readers to view and interact with content using AR and VR compatible devices.

View in VR

Read in 3D

Your published article is automatically converted into a realistic 3D book. Flip through pages and read research papers in a more engaging and interactive format.

View in 3D

Article Matrices

Total Score: 101

Country: India

Subject: Global Journal of Management and Business Research - A: Administration & Management

Authors: Sidaq (PhD/Dr. count: 0)

View Count (all-time): 177

Total Views (Real + Logic): 4582

Total Downloads (simulated): 2320

Publish Date: 2014 09, Sat

Monthly Totals (Real + Logic):

Month 1: 35 views
Month 2: 29 views
Month 3: 52 views
Month 4: 22 views
Month 5: 37 views
Month 6: 28 views
Month 7: 34 views
Month 8: 30 views
Month 9: 46 views
Month 10: 48 views
Month 11: 39 views
Month 12: 16 views
Month 13: 39 views
Month 14: 33 views
Month 15: 39 views
Month 16: 40 views
Month 17: 22 views
Month 18: 43 views
Month 19: 22 views
Month 20: 43 views
Month 21: 28 views
Month 22: 21 views
Month 23: 31 views
Month 24: 38 views
Month 25: 30 views
Month 26: 37 views
Month 27: 27 views
Month 28: 46 views
Month 29: 39 views
Month 30: 38 views
Month 31: 19 views
Month 32: 30 views
Month 33: 36 views
Month 34: 12 views
Month 35: 36 views
Month 36: 20 views
Month 37: 34 views
Month 38: 32 views
Month 39: 21 views
Month 40: 43 views
Month 41: 31 views
Month 42: 28 views
Month 43: 15 views
Month 44: 16 views
Month 45: 30 views
Month 46: 26 views
Month 47: 46 views
Month 48: 39 views
Month 49: 49 views
Month 50: 40 views
Month 51: 44 views
Month 52: 32 views
Month 53: 33 views
Month 54: 35 views
Month 55: 34 views
Month 56: 30 views
Month 57: 12 views
Month 58: 45 views
Month 59: 36 views
Month 60: 42 views
Month 61: 22 views
Month 62: 31 views
Month 63: 22 views
Month 64: 28 views
Month 65: 32 views
Month 66: 26 views
Month 67: 17 views
Month 68: 26 views
Month 69: 20 views
Month 70: 46 views
Month 71: 23 views
Month 72: 34 views
Month 73: 45 views
Month 74: 17 views
Month 75: 32 views
Month 76: 32 views
Month 77: 24 views
Month 78: 33 views
Month 79: 16 views
Month 80: 17 views
Month 81: 27 views
Month 82: 38 views
Month 83: 34 views
Month 84: 20 views
Month 85: 36 views
Month 86: 27 views
Month 87: 22 views
Month 88: 32 views
Month 89: 14 views
Month 90: 39 views
Month 91: 15 views
Month 92: 27 views
Month 93: 42 views
Month 94: 19 views
Month 95: 33 views
Month 96: 39 views
Month 97: 34 views
Month 98: 33 views
Month 99: 40 views
Month 100: 18 views
Month 101: 41 views
Month 102: 46 views
Month 103: 37 views
Month 104: 21 views
Month 105: 49 views
Month 106: 26 views
Month 107: 25 views
Month 108: 30 views
Month 109: 47 views
Month 110: 22 views
Month 111: 36 views
Month 112: 33 views
Month 113: 30 views
Month 114: 45 views
Month 115: 23 views
Month 116: 37 views
Month 117: 44 views
Month 118: 39 views
Month 119: 45 views
Month 120: 37 views
Month 121: 21 views
Month 122: 29 views
Month 123: 27 views
Month 124: 38 views
Month 125: 23 views
Month 126: 22 views
Month 127: 12 views
Month 128: 18 views
Month 129: 27 views
Month 130: 10 views
Month 131: 44 views
Month 132: 19 views
Month 133: 44 views
Month 134: 44 views
Month 135: 25 views
Month 136: 32 views
Month 137: 39 views
Month 138: 27 views
Month 139: 37 views
Month 140: 61 views
Month 141: 39 views

Total Views: 4582

Total Downloads: 2320

2026 Trends

Our website is actively being updated, and changes may occur frequently. Please clear your browser cache if needed. For feedback or error reporting, please email [email protected]