scholarly journals Economic transition, Corporate Governance and Implications for Employment Relations in China

2019 ◽  
Vol 4 (4) ◽  
pp. 330-348
Author(s):  
Fang Lee Cooke
Keyword(s):  
Corporate Governance ◽  
Economic Transition ◽  
Employment Relations

scholarly journals The Effectiveness of Internal Control and Corporate Social Responsibility: Evidence from Chinese Capital Market

2018 ◽  
Vol 10 (11) ◽  
pp. 4006 ◽  
Author(s):  
Xiao Li ◽  
Chunmei Zheng ◽  
Gang Liu ◽  
Muhammad Sial
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Internal Control ◽  
Economic Transition ◽  
Transition Period ◽  
Practical Importance ◽  
Principal Agent ◽  
Positive Role ◽  
Corporate Social

From the perspective of the effectiveness of internal control, according to the Stakeholder Theory, Principal-Agent Theory and Reputation Theory, this paper analyzes comparatively the influences of internal control on the assumption of corporate social responsibility (SCPS) from the accrual basis, and the fulfillment of corporate social responsibility (CSRF) from the cash flow system respectively. Using a sample of 1767 firms listed in China between 2011 and 2016, we find that effective internal control has significantly promoted enterprises to assume social responsibilities. Meanwhile, effective internal control substantially improves the fulfillment of corporate social responsibility. This study overcomes the current situation that the two concepts of assumption and fulfillment of corporate social responsibility have not been distinguished in previous literature. We suggest that, in the economic transition period, the positive role of internal control in corporate governance should be promoted to protect the legitimate rights and interests of stakeholders; the adverse impact of the principal-agent relationship between shareholders and management on corporate governance should be avoided, building high-quality internal control; enterprises achieve steady and sustainable development process by the positive reputation value and robust external monitoring mechanism. This research is of practical importance to strengthen the subsequent construction of the internal control system and the long-term practice of corporate social responsibility.

The emerging labour market and transformation from state amateurs to professional athletes

2019 ◽  
Vol 52 (4) ◽  
pp. 379-390
Author(s):  
Yiyong Liang
Keyword(s):  
Corporate Governance ◽  
Economic Reform ◽  
Economic Transition ◽  
Analytical Framework ◽  
Professional Sport ◽  
Football Players ◽  
Comprehensive Understanding ◽  
National Economic ◽  
Chinese Industry ◽  
Market Approach

Corporate governance and its associated concerns had no bearing on Chinese industry management before its national economic reform in the early 1980s. The government's intention has been tomake all state-owned enterprisesmore effective and efficient than they previously were by gradually introducing Western enterprise methods with a capitalist market approach. The article explores the notion of corporate governance in the context of Chinese football by studying the emerging labour markets and management of professional football players to gain a comprehensive understanding of the issues concerning the governance of Chinese sports and its human resource management. It seeks to contribute to the development of stakeholder theory as an important analytical framework on Chinese management studies in the field of professional sport during its economic transition.

The Oxford Handbook of Corporate Law and Governance

2015 ◽  
Keyword(s):  
Corporate Governance ◽  
Financial Reporting ◽  
Economic Benefits ◽  
Corporate Law ◽  
Employment Relations ◽  
Capitalist System ◽  
Current Trends ◽  
Executive Remuneration ◽  
The Board Of Directors ◽  
Benefits And Costs

This handbook offers a comparative and functional overview of corporate law and governance. It examines the shift from corporate law to corporate governance — from a largely legal emphasis to one that focuses on the corporation’s inputs, outputs and how they are managed and, ultimately, the ways in which governance interacts with other institutional elements that comprise a capitalist system. It also discusses the conventional goals and mechanisms of corporate governance, along with their limitations when applied to banks; the roles and functions of the board of directors, how boards fail, and the reforms that have been tried to improve their performance; how mergers and acquisitions are regulated; and the functions of corporate accounting and financial reporting worldwide. Other chapters deal with the ‘corporate law’ issues involved in the regulation of takeovers; the relationship between corporate governance and employment relations; fundamental issues of corporate insolvency law; legal and policy issues relating to transactions between a corporation and one of its ‘related parties’; current trends in the regulation and practice of executive remuneration; corporate governance in closely held corporations; and economic benefits and costs of external and internal asset partitioning in corporations.

Corporate governance: a conscious approach for Asia and emerging economies

2016 ◽  
Vol 58 (3) ◽  
pp. 317-336 ◽  
Author(s):  
Mahmoud Rajablu
Keyword(s):  
Corporate Governance ◽  
Emerging Economies ◽  
Economic Transition ◽  
Small And Medium Enterprises ◽  
Content Type ◽  
Governance Models ◽  
Anglo American ◽  
Asian Economy ◽  
Corporate Governance Practice ◽  
Medium Enterprises

Purpose Asian economy in transition is facing great deal of challenges, so its corporate governance. This paper investigates the dominant corporate governance models practiced under the liberal market capitalism, cooperative capitalism, collective capitalism and the state capitalism across the continents and proposes conscious governance approach for Asia and emerging economies. Design/methodology/approach The paper explores and compares Anglo-American and Continental European corporate governance models. The report further investigates the development of corporate governance across Asian publicly listed companies, state-owned enterprises, small and medium enterprises and other privately held large enterprises, and raises questions and concerns and derives conclusion. Findings The Asian experience of imposing Western corporate governance models is more of a simplification of tasks based on political, cultural and globalization needs rather than the regions’ economic, financial and social development reality. Practical implications The unique proposition of conscious corporate governance aligns corporate governance practice with Asian socio-economic transition vision and helps with further development and reforms. Originality/value The paper adds to the existing efforts and triggers a fresh view to the Asian and emerging economies corporate governance research and strategy.

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