We have reviewed and identified the key problems of China's corporate governance. Several suggestions are provided to improve its governance mechanism. A review of corporate governance models among different countrie...We have reviewed and identified the key problems of China's corporate governance. Several suggestions are provided to improve its governance mechanism. A review of corporate governance models among different countries suggests that the state ownership of the Chinese companies should be reduced and shares that are split into tradable and nontradable shares should be abolished. The three-tier board structure and duty of directors should be restructured to improve transparency and disclosure requirements.展开更多
文摘We have reviewed and identified the key problems of China's corporate governance. Several suggestions are provided to improve its governance mechanism. A review of corporate governance models among different countries suggests that the state ownership of the Chinese companies should be reduced and shares that are split into tradable and nontradable shares should be abolished. The three-tier board structure and duty of directors should be restructured to improve transparency and disclosure requirements.