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Corporate Governance Under Mixed Ownership

In: Fusion and Innovation

Author

Listed:
  • Yong Wang

    (Tsinghua University)

  • Chongsheng Yang

    (Tsinghua University)

Abstract

This chapter provides a comprehensive analysis of the governance structures in China’s state-owned enterprises (SOEs) amidst mixed ownership reforms. It delves into the complexities of personnel appointments and management, critiques the development of the professional manager market, and assesses the efficacy and challenges of existing incentive mechanisms. Additionally, the role and impact of independent directors within SOEs are thoroughly examined, revealing both the strengths and areas needing reform to ensure corporate governance aligns more closely with market-oriented principles. The discussion emphasizes the need for more diversified and independent boards and highlights how improved incentive structures can significantly enhance SOE performance and competitiveness in the global market.

Suggested Citation

  • Yong Wang & Chongsheng Yang, 2024. "Corporate Governance Under Mixed Ownership," Springer Books, in: Fusion and Innovation, chapter 0, pages 157-184, Springer.
    • Handle: RePEc:spr:sprchp:978-981-97-5208-9_5
    DOI: 10.1007/978-981-97-5208-9_5
    as

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