Corporate governance in transition economies: a case study of two Chinese airlines

Pamela Mar and Michael N. Young

Journal of World Business, 2001, vol. 36, issue 3, 280-302

Abstract: China's eminent entry into the World Trade Organization increases the urgency of the need for corporate governance reform in its ailing state-owned enterprises. Thus, this study examined the extent to which listing of shares of Chinese state-owned enterprises on public stock exchanges--a key part of the on-going reforms--is associated with convergence of their corporate governance practices toward those accepted as global standards. Two prominent Chinese airlines were chosen as subjects of case studies involving both primary and secondary data sources. The findings are presented along with a discussion of the implications.

Date: 2001
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