corporate governance

New York Times Wen Exposé Makes Waves

David Barboza’s investigation of the wealth built by Wen Jiabao’s extended family has dominated China news since its publication by The New York Times early on Friday. While the basic fact that wealth and power go...

Constitutional Monarchy at a Chinese Agrobusiness

From Economic Observer Online: On Dec 18, employees from Dawu Group gathered in the auditorium of Xushui Middle School to elect the company’s new board of directors. This was already the third such board election since Sun...

Beijing’s Balancing Act – Paul Maidment

From Forbes: Beijing is also trying to pull off a delicate balancing act: imposing the disciplines of the market on management while keeping policy control of its national and local champions firmly in trusted hands. This has led to the creation of a hybrid group structure, not dissimilar to the industrial groupings that underpinned Japan […]

China told to refine corporate governance – Sundeep Tucker

From the Financial Times (link) The development of China’s capital markets will continue to trail its strong economic growth until there is a radical improvement in corporate governance standards, according to a survey of the region’s most powerful investors. Institutional investors in China say the lack of independent directors, byzantine share-ownership structures and poor regulations […]

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