Shareholder wealth maximisation revisited -- Shareholder power and shareholder empowerment -- Shareholder rights and corporate objectives in China : past and present -- Towards stakeholder model -- A more suitable corporate objective in China.

This article discusses some of the barriers to improved standards of corporate governance in China, including: (1) institutional and structural obstacles; (2) problems arising from the fact that the majority of shares in Chinese companies cannot be traded freely on the stock market; (3)...

While it seems that China's corporate system lags far behind that of Western developed countries such as the UK, the US or Germany, as early as 1904 China's first corporate law had been promulgated by the imperial government—the Qing Government—which included the rule of limited liability...