Corporate Governance Under Mixed Ownership

Yong Wang () and Chongsheng Yang ()
Additional contact information
Yong Wang: Tsinghua University
Chongsheng Yang: Tsinghua University

Chapter Chapter 5 in Fusion and Innovation, 2024, pp 157-184 from Springer

Abstract: Abstract This chapter provides a comprehensive analysis of the governance structures in China’s state-owned enterprises (SOEs) amidst mixed ownership reforms. It delves into the complexities of personnel appointments and management, critiques the development of the professional manager market, and assesses the efficacy and challenges of existing incentive mechanisms. Additionally, the role and impact of independent directors within SOEs are thoroughly examined, revealing both the strengths and areas needing reform to ensure corporate governance aligns more closely with market-oriented principles. The discussion emphasizes the need for more diversified and independent boards and highlights how improved incentive structures can significantly enhance SOE performance and competitiveness in the global market.

Keywords: SOE governance structures; Personnel appointment and management; Professional manager market development; Incentive mechanisms; Role of independent directors; Corporate governance reform (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-97-5208-9_5

Ordering information: This item can be ordered from
http://www.springer.com/9789819752089

DOI: 10.1007/978-981-97-5208-9_5

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().