Yunnan Baiyao

Jean Jinghan Chen ()
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Jean Jinghan Chen: University of Macao

Chapter Chapter 13 in International Cases of Corporate Governance, 2022, pp 219-239 from Springer

Abstract: Abstract Yunnan Baiyao was first established as a Chinese family business by Qu Huanzhang in 1933 in China and became a state-owned enterprise (SOE or work unit) in the 1960s. The listing of the Yunnan Baiyao Group in 1993 made this SOE a self-responsible legal corporation under China’s Company Law. However, after its listing, the state remained the largest shareholder and had absolute control over both Yunnan Baiyao Group and Yunnan Baiyao Holdings.

Date: 2022
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DOI: 10.1007/978-981-19-3238-0_13

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