The “Grabbing Hand” and Corporate Governance in China

Wei Chi and Yijiang Wang

Chapter 6 in Changing Corporate Governance Practices in China and Japan, 2008, pp 87-112 from Palgrave Macmillan

Abstract: Abstract China initiated its market-oriented economic reform in 1978. The success of the reform is evident: in the three decades since its implementation, China’s economy grew at an average of 9 percent per year. A vital part of the economic reform is known as the industrial reform, which gradually gave state enterprises autonomy and reduced government intervention in enterprises. The reform touched on many aspects of corporate governance in state enterprises.

Keywords: Corporate Governance; State Ownership; Large Shareholder; State Enterprise; Corporate Control (search for similar items in EconPapers)
Date: 2008
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DOI: 10.1057/9780230595156_6

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