Changing Corporate Governance Practices in China and Japan: - download pdf or read online

By M. Nakamura

ISBN-10: 0230595154

ISBN-13: 9780230595156

ISBN-10: 1349307238

ISBN-13: 9781349307234

A well timed overview of quickly globalizing governance mechanisms in China and Japan. This ebook seems to be at how company governance practices in those international locations are adapting to Anglo-American practices, yet argues that those diversifications are selective, and either nations proceed to keep their very own neighborhood company governance practices in a few parts.

Show description

Read or Download Changing Corporate Governance Practices in China and Japan: Adaptations of Anglo-American Practices PDF

Best strategy & competition books

The Four Pillars of High Performance by Paul Light PDF

Easy methods to remain on track and attain impressive functionality in a sea of switch In ultra-modern change-or-die company atmosphere, businesses that in achieving the top degrees of functionality are "robust organizations"--those that adapt quick and with out wasting their strategic course. Distilling many years of analysis carried out through Rand, one of many nation's most useful company imagine tanks, The 4 Pillars of excessive functionality explores the suggestions to really deal with switch.

New PDF release: Managing Privacy through Accountability

Attracts jointly contributions from major figures within the box of surveillance to have interaction within the dialogue of the emergence of responsibility as a way to regulate threats to privateness. the 1st of its type to counterpoint the talk approximately responsibility and privateness by way of drawing jointly views from skilled privateness researchers and coverage makers.

Download e-book for kindle: Building Influence in the Workplace: How to Gain and Retain by Aryanne Oade

Introduces you to a important set of instruments permitting you to construct impact, advertise your pursuits and get buy-in on your plans and recommendations. The publication will provide help to determine your individual place of work values and people of your key colleagues and know how to preserve the impression you have got already won and stand through your values stressed.

Extra info for Changing Corporate Governance Practices in China and Japan: Adaptations of Anglo-American Practices

Sample text

For example, of the 15 independent directors of Enron before the scandal, ten had a business relationship with the company. This made Enron a “club” with strong interpersonal relationships. When the CEO takes control, other directors, including independent directors, cannot challenge the authority of the management, and the board has to perform as directed by the management. Here, the supervisory role of independent directors is minimal. The function of the supervisory board Common law countries emphasize the establishment of independent directors, while civil law countries emphasize the establishment of a supervisory board.

They have responsibility for the accuracy of the information disclosed by the company and will bear the civil, administrative, and criminal responsibility if the information is inaccurate. Avenues open to investors for complaint Complaints If a client is not satisfied with the services of his agent (or broker), he could complain to the department manager of his agent company. The manager can usually handle the minor troubles well, such as insensitivity 36 Changing Corporate Governance Practices in China and Japan on the part of the broker, lack of necessary knowledge, failure to pay dividends in time, operational mistakes, or unwillingness to wait for better opportunities.

It should be noted that dominance by a single majority shareholder has provided firms’ management with a great opportunity to infringe other stakeholders’ interests. 2. Balance from democratic management by employees has disappeared. Since the 1990s, treating employees “American-style” has become very 24 Changing Corporate Governance Practices in China and Japan popular. Employees are only a component of an enterprise, and the government should establish a free labor market for enterprises. The establishment of the modern enterprise system is accompanied by layoffs and unemployment of tens of millions of workers from SOEs.

Download PDF sample

Changing Corporate Governance Practices in China and Japan: Adaptations of Anglo-American Practices by M. Nakamura

by Thomas

Rated 4.58 of 5 – based on 47 votes