Corporate governance of Chinese multinational enterprises

Jean Jinghan Chen

Chapter 19 in Research Handbook on Corporate Governance in China, 2025, pp 380-395 from Edward Elgar Publishing

Abstract: The chapter explores the main issues of multinational corporate governance that arise from parent-subsidiary relationships and the differences between internal and external environments. This includes internal structural changes due to cross-border operations and external institutional differences like laws, regulations, and cultural norms. These factors lead to various governance challenges, making the governance of parent-subsidiary relationships central to MNEs’ performance and governance effectiveness. It then focuses on the evolution of the corporate governance of Chinese MNEs by offering new insights into the impact of state ownership and political connections on the governance and international strategies of Chinese MNEs. It further provides a fresh look at management practices within Chinese MNEs, emphasizing the influence of social networks and cultural norms. It also explores the diverse roles of stakeholders, including policymakers and investors, in shaping the governance landscape of these enterprises. The chapter concludes by underscoring the need for Chinese MNEs to transition toward market-oriented governance models and align with international governance standards. This shift is critical in the global business environment, further complicated by recent geopolitical tensions and the COVID-19 pandemic, marking an essential evolution in the corporate governance of Chinese MNEs.

Keywords: MNEs; Corporate governance; Parent-subsidiary relationship; China (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035312603
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781035312610.00027 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:22350_19

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Jack Sweeney ().