Transition from administrative to economic model of corporate governance

Wei'An Li and Daying Yan

Nankai Business Review International, 2013, vol. 4, issue 1, 4-8

Abstract: Purpose - This paper makes the first attempt to provide a new analytical framework for research on the evolution of China's corporate governance models. The purpose of this paper is to investigate developmental corporate governance mechanisms in China the over past decades from a synthetic and dynamic analytical viewpoint. Design/methodology/approach - This is a conceptual paper. Findings - The evolution of corporate governance from an administrative to an economic model in China was not a smooth process and was confronted with various unavoidable institutional and ideological obstacles. Consequently, the transition of governance models has demonstrated the following four salient characteristics: gradualism, dualism, systematization and path dependency. Originality/value - This paper makes the first attempt to provide a new analytical framework for research on the evolution of China's corporate governance models.

Keywords: Transition of corporate governance model; Administrative model of corporate governance; Economic model of corporate governance; Corporate governance; China (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:eme:nbripp:v:4:y:2013:i:1:p:4-8

DOI: 10.1108/20408741311303841

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