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governance and risk regulation in China from a comparative perspective. It surveys corporate governance tools that have been … enterprise, focusing on China’s regulation of internal controls and risk management systems. These internal mechanisms are …
Persistent link: https://www.econbiz.de/10014166244
From the start of China's "corporatization without privatization" process in the late 1980s, a Chinese corporate governance regime apparently shareholder-empowering and determined by enabling legal norms has been altered by mandatory governance mechanisms imposed by a state administrative...
Persistent link: https://www.econbiz.de/10013032062
been cannibalized by all-encompassing securities regulation directed at corporate governance, at least for companies with …
Persistent link: https://www.econbiz.de/10013063700
Although the benefits of genetically modified (GM) crops have been well documented, how do farmers manage the risk of new technology in the early stages of technology adoption has received less attention. We compare the total factor productivity (TFP) of cotton to other major crops (wheat, rice,...
Persistent link: https://www.econbiz.de/10012795073
China’s geopolitical ambitions give rise to risks that government agencies and the businesses they regulate need to address. In particular, Military-Civil Fusion (MCF), a whole-of-government legal and administrative machinery created by the Chinese Communist Party (CCP), aims to give China’s...
Persistent link: https://www.econbiz.de/10013251620
Focusing on the bribery scandal plaguing global healthcare giant GlaxoSmithKline LLC (GSK), this manuscript documents and offers proposals to redress the myriad of harms caused when multinational corporations (MNCs) accept bribery as an unspoken cost of doing business in connected societies....
Persistent link: https://www.econbiz.de/10013026274
This paper discusses how China has made a move towards society-based regulation, enabling citizens to aid in the …. However, it also finds that citizen-based regulation reforms have been halfhearted, as existing and recently introduced … its worst China has developed a form of regulation by escalation, where ironically the exact incentive structures for …
Persistent link: https://www.econbiz.de/10014178181
2007 Franchise Regulation. It addresses franchise contract dispute cases and examines the application and interpretation of … the 2007 Franchise Regulation by the courts …
Persistent link: https://www.econbiz.de/10012866800
Corporate social responsibility (CSR) is often understood as voluntary actions firms take beyond legal compliance. However, in recent years, governments around the world have also begun to actively promote CSR, reflecting broader governance trends that embrace “soft law,” voluntary...
Persistent link: https://www.econbiz.de/10014174203
investigates wealth effects of dividend regulation which increases firms' dividends. The efficient contract viewpoint of dividends … will generate positive market reactions. Consistent with the latter viewpoint, I find dividend regulation enhances …
Persistent link: https://www.econbiz.de/10012929311