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Cited by 815

The DOI matches its Crossref record; 119 of the 119 references it cites were found in a registry or an index.

Corporate Governance in China: A Survey

Open access
Jiang, Fuxiu, Kim, Kenneth A·2020·Review of Finance
DOI 10.1093/rof/rfaa012
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Abstract

This article surveys corporate governance in China, as described in a growing literature published in top journals. Unlike the classical vertical agency problems in Western countries, the dominant agency problem in China is the horizontal agency conflict between controlling and minority shareholders arising from concentrated ownership structure; thus one cannot automatically apply what is known about the USA to China. As these features are also prevalent in many other countries, insights from this survey can also be applied to countries far beyond China. We start by describing controlling shareholder and agency problems in China, and then discuss how law and institutions are particularly important for China, where controlling shareholders have great power. As state-owned enterprises have their own features, we separately discuss their corporate governance. We also briefly discuss corporate social responsibility in China. Finally, we provide an agenda for future research.

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Crossref · 10.1093/rof/rfaa012

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Metadata

Authors
Jiang, F., & Kim, K. A.
Venue
Review of Finance
Publisher
Oxford University Press (OUP)
Published
2020-05-13
Volume
24
Issue
4
Pages
733-772
ISSN
  • 1382-6662 (ISSN-L)
  • 1572-3097
  • 1573-692X
DOI
10.1093/rof/rfaa012
OpenAlex
W3018401043
Cited by
815
References
119
FWCI
143.44
Type
journal article
Language
en
Open access
bronze

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.