The Board of Directors in Sino‐Western Joint Ventures

Ingmar Björkman

Corporate Governance: An International Review, 1995, vol. 3, issue 3, 156-166

Abstract: The board of directors has so far been neglected in research on the operations of Sino‐foreign joint ventures, a subject which has not previously obtained any scholarly attention. This paper analyzes the role of the board in the management of Chinese‐Western joint ventures as seen from the expatriate managers' point of view. Qualitative and quantitative data from 33 Sino‐Western joint ventures is presented on the composition of the board, the importance attached to different roles of the board, and the way in which the board functions. An attempt is made to explain variations in the role played by the board in different joint ventures. Suggestions are forwarded to Western companies on how to improve the functioning of the board. Ideas for future research are also presented.

Date: 1995
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