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Title Changing corporate governance practices in China and Japan : adaptations of Anglo-American practices / edited by Masao Nakamura
Published Basingstoke [England] ; New York : Palgrave Macmillan, 2008
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Description 1 online resource (xiv, 290 pages)
Contents Foreword / Pitman Potter -- Introduction / Masao Nakamura -- PART I. NEW CORPORATE GOVERNANCE PRACTICES: INSTITUTIONAL AND ECONOMIC CONSIDERATIONS -- The Two Models Of Corporate Governance And The Institutional Reform Of Chinese Enterprises / Peng Fei Yang -- How To Prevent China's Listed Companies From Making Misstatement / Xiaorong Gu -- Issues In The Protection Of Minority Shareholders' Rights And Interests Under China's Company Law / Shuliang Wang -- An Economic Perspective On Recent Corporate Governance Developments In China, With Comments On The Chapters by Peng Fei Yang, Xiaorong Gu and Shuliang Wang / Andrew Yuen and Anming Zhang -- Grabbing Hand And Corporate Governance In China / Wei Chi and Yijiang Wang -- Corporate Governance Practices In Post-Bubble Japan: Implications Of Institutional And Legal Reforms In The 1990s And Early 2000s / Masao Nakamura -- Understanding M & A Wave In Japan / Yasuhiro Arikawa And Hideaki Miyajima -- PART II. EVOLVING CORPORATE GOVERNANCE PRACTICES: SELECTIVE ADAPTATIONS -- The Strange Role Of Independent Directors In A Two-Tier Board Structure Of China's Listed Companies / Jiangyu Wang -- Low Structure, High Ambiguity: Selective Adaptation Of International Norms Of Corporate Governance Mechanisms In China / S.H. Goo And Anne Carver -- Selective Adaptation Of Anglo-American Corporate Governance Practices In Japan . Masao Nakamura
Summary Facing rapid globalization, it became evident that the traditional Chinese corporate governance mechanisms, which were heavily influenced by European and Japanese counterparts, had become obsolete. More transparent corporate governance mechanisms must be adopted to support China's continuing economic growth. In Japan, to public criticism that its bank-based corporate governance practices were responsible for the prolonged recession in the 1990s, the Japanese government and corporations undertook massive reforms of corporate governance mechanisms. In China and Japan, the focal point of the reforms, which have continued in the 2000s, has been the transplantation of Anglo-American corporate governance practices. However, because of institutional realities, local business practices, cultural differences and the history of corporate governance in these countries, China and Japan cannot implement Anglo-American mechanisms as instituted, for example, in the United States. With contributions from well-known academics from China, Japan and North America, this book discusses issues associated with the transplantation efforts and the selective adaptations that have taken place in corporate governance practices in China and Japan
Bibliography Includes bibliographical references and index
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL
Print version record
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Subject Corporate governance -- China
Corporate governance -- Japan
BUSINESS & ECONOMICS -- Industries -- General.
Corporate governance
Corporate governance.
Bolagsstyrning -- Kina.
Bolagsstyrning -- Japan.
China
Japan
Japan.
China.
Form Electronic book
Author Nakamura, Masao, 1945- editor
ISBN 9780230595156
0230595154