StudentShare solutions
Triangle menu

Corporate Governance in China - Essay Example

Extract of sample
Corporate Governance in China

In china, corporate governance has received much attention in the recent years and there have been debates on how china can develop an effective corporate governance system that can improve the number of listed companies in the country. The issue of corporate governance finds its roots and effect in the stock market which is responsible for listing companies. Before a company is listed in the stock market, it usually undergoes a rigorous process of scrutiny on issue of corporate governance. (Berle and Mean 2003, p. 286)
This paper will look closely at the corporate governance in china and relate the practices to one of the company, Sainsbury PLC to see how it can adopt such measure and to look at the extent in which it has been able to integrate such measures in its operation. It will first start by looking at the corporate governance in china and later look at Sainsbury PLC and how the aspect of corporate governance can be implemented in the company. Let us first look at the corporate governance landscape in china.
The mandate to improve corporate governance in china has been one of the aims of the government for along time. It started with the making of the stock market which came into being after the opening of the economy about one and a half decade ago. ...Show more

Summary

China is one of the countries in the world that has been experiencing a booming economic growth in the world. This has come with the growth in economic opportunities especially in the business world that has at last embraced the notion of an open economy…
Author : cormierdovie
Corporate Governance in China essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Corporate Governance in China"
with a personal 20% discount.
Grab the best paper

Related Essays

Contemporary Corporate Governance
The research has discussed the meaning and importance of corporate governance in order to assess the various theories and approaches of corporate governance followed by various countries. The various approaches of corporate governance followed by United Kingdom and USA have been compared in this paper.
10 pages (2500 words) Essay
Corporate Governance and Ownership
This paper discusses how globalization brings about changes to the corporate governance in East Asia. This paper examines the recent change or governmental reformation of Japan, China and Singapore in terms of corporate ownership structure and governance.
32 pages (8000 words) Essay
Corporate Governance Approaches
The US, UK, Australia and Canada have implemented shareholder capitalism in their corporate governance and, thus, the companies within these countries are more concerned about investors who are external to companies (Charreaux and Philippe 107). The stakeholder corporate governance, on the other hand, is a system which takes into account the stakeholder interests in the decisions of company top management.
3 pages (750 words) Essay
Corporate governance
Organizations such as American Airlines, B.F. Goodrich, Campbell soup and Macy’s have obtained sufficient level of financing through Lehman Brothers. Lehman Brothers started its business operation in the year 1844 as a dry good and small grocery store. The organization was established by Henry Lehman.
8 pages (2000 words) Essay
Corporate governance reform of listed company in china
In other words, corporate governance is also referred to as the set of customs, laws, policies and establishments impacting the way a company is being directed (Bebchuk, Cohen and Ferrell, 2009). It plays a critical role in defining the relationships between management, stakeholders and the board of directors of a company.
20 pages (5000 words) Essay
Corporate Governance Essay
And although the term is related to business management and corporate responsibility, it is distinct and different and encompasses these two, which form but two parts of the more comprehensive nature of governance. According to the Corporate Governance Codes extant in the European Union, there are three broad themes that if taken together provide a clearer idea of what the term really signifies: control of the company, corporate management, or of company and managerial conduct; a legal framework that establishes rules and procedures for proper conduct; and the relationships amongst shareholders, (supervisory) boards, and managers (Gregory et al., 2002).
12 pages (3000 words) Essay
Corporate Governance
According to the report corporate governance board in an organization operates via the different members of board of directors that usually make decisions, regulations, rules, laws and legislations for their firm, employees and suppliers; these corporate governance rules actually provide the path on which the firm has to move.
16 pages (4000 words) Essay
Corporate Governance Models
Due to the continuation of the shareholder value model in this globalization era, employees are still considered as commodities rather than assets for the company. Keeping this factor in view, companies that follow this model tend to have higher employee turnover, are not willing to induce in long-term contracts.
2 pages (500 words) Essay
External auditing has changed to accommodate the changes in corporate governance in the UK and other countries such as South Africa, Australia, US, India and China
Since the rules and the laws of every country and region differ from one another, there are differences in the practice of corporate governance and external auditing too. With regards to corporate governance, a huge debate is raging the world of governance these
14 pages (3500 words) Essay
Corporate governance in the GCC
Generally, corporate governance can be defined as a framework of policies, rules, laws, customs and institutions that determine how a company or corporation is administered (Andrei and Robert, 1997). Basically, corporate governance is concerned with how
2 pages (500 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT