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Book

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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Location Call no. Vol. Availability
 MELB  338.60951 Nak/Ccg  AVAILABLE
Description xiv, 290 pages : illustrations ; 23 cm
Contents Foreword / Pitman B. Potter -- 1. Introduction / Masao Nakamura -- Pt. I. New Corporate Governance Practices: Institutional and Economic Considerations -- 2. The Two Models of Corporate Governance and the Institutional Reform of Chinese Enterprise / Peng Fei Yang -- 3. How to Prevent China's Listed Companies from Making Misstatements / Xiaorong Gu -- 4. Issues in the Protection of Minority Shareholders' Rights and Interests under China's Company Law / Shuliang Wang -- 5. An Economic Perspective on Recent Corporate Governance Developments in China with Comments on the Chapters by Yang, Gu and Wang / Andrew Yuen and Anming Zhang -- 6. The "Grabbing Hand" and Corporate Governance in China / Wei Chi and Yijiang Wang -- 7. Corporate Governance Practices in Post-Bubble Japan: Adapting to the Globalizing Economies of the Twenty-First Century / Masao Nakamura -- 8. Understanding the M&A Wave in Japan: What Drives Japanese M&As? / Yasuhiro Arikawa and Hideaki Miyajima -- Pt. II. Evolving Corporate Governance Practices: Selective Adaptations -- 9. The Strange Role of Independent Directors in a Two-Tier Board Structure in China's Listed Companies / Jiangyu Wang -- 10. Low Structure, High Ambiguity: Selective Adaptation of International Norms of Corporate Governance Mechanisms in China / S. H. Goo and Anne Carver -- 11. 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." "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."--BOOK JACKET
Notes Includes index
Bibliography Includes bibliographical references and index
Subject Corporate governance -- China.
Corporate governance -- Japan.
Author Nakamura, Masao, 1945-
LC no. 2008030441
ISBN 9780230221659 (alk. paper)
0230221653 (alk. paper)