Corporate Governance in China

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Focusing on corporate governance's impact on performance, this book analyzes its significance in China's economic reforms. It explores key issues such as ownership structure's influence on corporate performance and the factors affecting capital structure. The findings reveal a controversial relationship where ownership concentration positively correlates with performance, while state ownership negatively affects it. Additionally, it highlights how contemporary governance structures are shaped by the legacy of the centrally-planned economy and the transition to a market economy.