Corporate governance in China: Explosive growth and new patterns of ownership

Thomas Clarke; Yuxing Du

doi:10.1016/S0024-6301(98)00008-9

Corporate governance in China: Explosive growth and new patterns of ownership

Thomas Clarke (First Author), Yuxing Du (Participant Author)

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6 Citations (Web of Science)

Abstract

China is simultaneously growing and transforming from a command to a market system. The process of reform began earlier than in Eastern Europe, but the state owned enterprise sector remains an intractable problem. What has accounted for the remarkable rate of economic growth sustained over the last 20 years, are the spontaneous entrepreneurial efforts of the collectively owned Township and Village Enterprises (TVEs), and the Private and Individual Enterprises (IOEs). Together with the widespread distribution of shareholding, this could represent the foundations of a stakeholder economy. The success of further economic reform will depend on the perception of the Chinese people's stake in the future of their country.

Original language	English
Pages (from-to)	239-251
Journal	Long Range Planning
Volume	31
Issue number	2
DOIs	https://doi.org/10.1016/S0024-6301(98)00008-9
Publication status	Published - 1998

Keywords

Public Administration

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ABDC-A
Scopus
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UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/S0024-6301(98)00008-9Licence: CC BY-NC-ND

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Corporate governance in China: Explosive growth and new patterns of ownership

Abstract

Keywords

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UN SDGs

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