
Corporate Governance with Chinese Characteristics
Pekingology
The Party's Role in Corporate Governance in China
The role of the party organization is the least understood aspect of corporate governance in China. The party has a key role in personal appointments in Chinese SREs, he says. All major decisions must first be discussed in the party organization of the company before being discussed in the board and implemented by the management team,. This is for San Zhongida, three majors and one big. So, what you have is this hybrid system of a market-oriented logic of enterprise reform combined with a party-oriented political logic.
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