"China has changed dramatically since the first edition of Doing Business in China was published in 2000, but the second, third and now this fourth edition have kept pace with the rapid developments. China is now far more international but the fundamental business culture has not altered...

The private sale of corporate control, or agreed takeover, of listed companies has been the primary form of control transaction in China. However such takeovers have in many cases presented an opportunity for the control buyer and seller to extract value from the company at the expense of the...

All over the world, companies play an important role in the economy. Different types of stakeholders hold the reins in these companies. An important class are the shareholders that finance the activities of these companies. In return, stakeholders have a say on how these companies should be...

The board governance system is a major corporate governance difference between jurisdictions. While functional convergence and hybrid convergence of national board systems now seem prevalent, China's board reforms present a unique pattern of change in formal board governance rules. On the one...

Little academic attention has been given to China’s increasingly active roles in shaping international banking regulation, in particular, in the aftermath of the Global Financial Crisis. This article attempts to fill this gap. Its contribution is two-fold. First, it gives an analytical account...

An ongoing debate in comparative corporate governance has been on what specific corporate governance arrangements matter in the governance of pubic firms worldwide. In this debate, the role of cumulative voting has attracted increasing attention. Using a unique, hand-collected dataset of formal...