Download or read book The Independent Director in China and India written by Cornelius Bader and published by GRIN Verlag. This book was released on 2011-07 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2010 in the subject Law - Comparative Legal Systems, Comparative Law, grade: A+, Vanderbilt University (Law School), language: English, abstract: The "independent director" has become a centerpiece of modern corporate governance. However, the concept of "independence", and the ability of independent directors to fulfill their roles, remains deeply problematical. In the course of the discussion on the proper role of independent directors that unfolded in Europe and the United States during the 1980s and 1990s and peaked in the wake of the Enron scandal, rules on director independence have found their way to the corporate governance regimes of developing countries that turned their head to western economies. Particularly in China and India, independent directors have taken their place on company boards, earning mixed responses from the academic and business community. What is the current state of Indian and Chinese rules on director independence? What tensions do they address and create? And what can be done to optimize the achievement of their objectives? The goal of this article is to examine the status quo of director independence in the two countries, to put the regulations into their historic and political context, to summarize practical experiences with the new institution, and to point to possible future developments.
Download or read book The Independent Director in China and India written by Cornelius Bader and published by GRIN Verlag. This book was released on 2011-07-11 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2010 in the subject Law - Comparative Legal Systems, Comparative Law, grade: A+, Vanderbilt University (Law School), language: English, abstract: The “independent director” has become a centerpiece of modern corporate governance. However, the concept of “independence”, and the ability of independent directors to fulfill their roles, remains deeply problematical. In the course of the discussion on the proper role of independent directors that unfolded in Europe and the United States during the 1980s and 1990s and peaked in the wake of the Enron scandal, rules on director independence have found their way to the corporate governance regimes of developing countries that turned their head to western economies. Particularly in China and India, independent directors have taken their place on company boards, earning mixed responses from the academic and business community. What is the current state of Indian and Chinese rules on director independence? What tensions do they address and create? And what can be done to optimize the achievement of their objectives? The goal of this article is to examine the status quo of director independence in the two countries, to put the regulations into their historic and political context, to summarize practical experiences with the new institution, and to point to possible future developments.
Download or read book Independent Directors in Asia written by Dan W. Puchniak and published by Cambridge University Press. This book was released on 2017-11-02 with total page 637 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of the independent director in Asia is an issue of global consequence that has been largely overlooked until recently. Less than two decades ago, independent directors were oddities in Asia's boardrooms. Today, they are ubiquitous. Independent Directors in Asia undertakes the first detailed analysis of this phenomenon. It provides in-depth historical, contextual and comparative perspectives on the law and practice of independent directors in seven core Asian jurisdictions (China, Hong Kong, India, Japan, Singapore, South Korea, Taiwan) and Australia. These case studies reveal the varieties of independent directors in Asia, none of which conform to its original American concept. The authors develop a taxonomy of these varieties, which provides a powerful analytical tool for more accurately understanding and effectively researching independent directors in Asia. This new approach challenges foundational aspects of comparative corporate governance practice and suggests a new path for comparative corporate governance scholarship and reform.
Download or read book Women on Boards in China and India written by Alice de Jonge and published by Taylor & Francis. This book was released on 2022-05-09 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth comparative exploration of gender diversity in corporate leadership roles in China and India. Set in the context of changing corporate governance norms, it utilises both quantitative and qualitative research methods to understand the key determinants of gender disparity. It identifies global-, national-, and enterprise-level factors shaping gender diversity in the corporate boardroom and measures their economic, political, and socio-cultural impacts on two of the world’s largest economies. The book draws upon narratives of women leaders to bridge the gap between theory and data, examining possible solutions to achieve gender parity in organisational hierarchies. Topical and detailed, this book will be an essential read for scholars, practitioners, and researchers of gender studies, corporate governance, business studies, human resource management, public policy, social anthropology, and Asian studies.
Download or read book The Political Economy of State owned Enterprises in China and India written by X. Yi-chong and published by Springer. This book was released on 2012-09-24 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focused on unique features of economic development, this edited volume examines the nature and structure of corporate governance of several key state-owned enterprises in China and public sector units in India in five strategic sectors: oil and natural gas, steel, coal, electricity generation, and banking industries.
Download or read book Tiananmen Square written by Vijay Gokhale and published by Harper Collins. This book was released on 2021-05-07 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'I recall being woken by the sound of tanks moving down the Avenue of Eternal Peace. It was 5 o'clock on the morning of 4 June. Tanks, APCs and troop trucks were sweeping down the avenue. Citizens ran for cover. Helicopters hovered above. Foreign media claimed that Chinese troops had fired into the crowds with several hundred casualties.' More than three decades later, the Tiananmen Square incident refuses to be forgotten. The events that occurred in the summer of 1989 would not only set the course for China's politics but would also re-define its relationship with the world. China's message was clear: it remained committed to market-oriented reform, but it would not tolerate any challenge to the supremacy of the Chinese Communist Party. In return for economic prosperity, the Chinese have surrendered some rights to the state. A democratic future seems far away. Vijay Gokhale, then a young diplomat serving in Beijing, was a witness to the drama that unfolded in Tiananmen Square. This unique account brings an Indian perspective on an event in China's history that the Chinese government has been eager to have the world forget.
Download or read book Corporate Governance of Listed Companies in China Self Assessment by the China Securities Regulatory Commission written by OECD and published by OECD Publishing. This book was released on 2011-09-22 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: By assessing a broad range of laws, regulations and codes, this book provides a valuable reference for understanding how much has been achieved in Chinese corporate governance and the main ambitions of future reform efforts.
Download or read book The Effectiveness of Boards of Directors of State Owned Enterprises in Developing Countries written by Maria Vagliasindi and published by World Bank Publications. This book was released on 2008 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper aims to shed some new light on the conditions needed to ensure the effectiveness of Boards of Directors of state owned enterprises with a focus on infrastructure sectors. In the case of developing countries, empirical studies have found evidence of positive links between the composition of the Board of Directors and financial performance. Yet the lack of solid theoretical foundations, and in some cases poor data availability, makes the conclusions of most studies weak. Several policy recommendations emerge from the review of the economic literature and evidence from case studies. First, the introduction of a sufficient number of independent directors emerges as an important corporate governance milestone. Empowering them to exercise effective monitoring of management, however, may prove to be a formidable challenge for of state owned enterprises. More attention to board procedures, particularly related to the Board selection and evaluation process, is essential, to produce the necessary insulation of Boards from government interference. Ensuring sufficient continuity of services to directors is particularly crucial to improve corporate governance. In addition, other factors that may reduce directors' ability to monitor corporate activities, such as the age profile and the number of Boards on which they sit, need to be handled more carefully.
Download or read book Beyond Territoriality written by Gunther Handl and published by Martinus Nijhoff Publishers. This book was released on 2012 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book traces the evolution of transnational legal authority in the course of globalization. Representative case studies buttress its conclusion that today transnational authority is multifaceted, a phenomenon that renders unreliable the concepts of territoriality/extraterritoriality as global governance markers.
Download or read book The Handbook of the Economics of Corporate Governance written by Benjamin Hermalin and published by Elsevier. This book was released on 2017-09-18 with total page 762 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of the Economics of Corporate Governance, Volume One, covers all issues important to economists. It is organized around fundamental principles, whereas multidisciplinary books on corporate governance often concentrate on specific topics. Specific topics include Relevant Theory and Methods, Organizational Economic Models as They Pertain to Governance, Managerial Career Concerns, Assessment & Monitoring, and Signal Jamming, The Institutions and Practice of Governance, The Law and Economics of Governance, Takeovers, Buyouts, and the Market for Control, Executive Compensation, Dominant Shareholders, and more. Providing excellent overviews and summaries of extant research, this book presents advanced students in graduate programs with details and perspectives that other books overlook. - Concentrates on underlying principles that change little, even as the empirical literature moves on - Helps readers see corporate governance systems as interrelated or even intertwined external (country-level) and internal (firm-level) forces - Reviews the methodological tools of the field (theory and empirical), the most relevant models, and the field's substantive findings, all of which help point the way forward
Download or read book The Glass Ceiling in Chinese and Indian Boardrooms written by Alice de Jonge and published by Elsevier. This book was released on 2015-03-12 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about women directors in China and India. The aim of the book is to understand more clearly where women are present on corporate boards, and the reasons for their continued absence from most listed company boards. The Glass Ceiling in Chinese and Indian Boardrooms is written at a time of increasing awareness, particularly in Europe, of the benefits of gender equity at the boardroom table, and of the costs of women’s continued exclusion from corporate decision-making. Norway’s gender equity legislation has now been instrumental in ensuring that women occupy over 40% of all company board seats in that country. France, Italy and Spain are amongst those countries now following the same path towards equity. But Asia in general, and the world’s two largest nations in particular, still lag well behind. In China while women enjoy greater social and economic equality than many of their sisters in other parts of Asia, the male-dominated nature of the Party-state apparatus makes it unlikely that legislative change will be achieved any time soon. In India, while the country’s 2013 Corporations Law now requires all major listed firms to have at least one woman director, the real challenges for women are social and economic, where much work remains to be done. Based on detailed surveys of 1,000 key listed firms in India and China Provides results from empirical questionnaire surveys of key firms Analyses the importance of board diversity in a rapidly changing world, and its significance for economic and environmental stability
Download or read book Conducting Business in China and India written by Deepak Sardana and published by Springer. This book was released on 2017-07-06 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes a holistic approach to explore how business is being conducted in China and India, and to analyze the factors that influence business decisions in present times. In doing so the book seeks to develop a fuller understanding of the present ‘context’ within the two Asian nations, drawing upon a complete understanding of the culture, history and behaviour of the society and its institutions. The authors probe an area that has not been widely addressed before and seek to provide a finer analysis of the influences behind day-to-day business operations. This study has widespread appeal as it covers business processes at three different levels: macro-level, including government policies and institutions; meso-level, organisations and communities; and micro-level, individuals within business. Not only appealing to scholars, senior executives, business professionals and policy-makers, this book will also provide an interdisciplinary examination of how business is conducted in China and India, and will be valuable to anyone with a general interest in Asian business.
Download or read book India s China Challenge written by Ananth Krishnan and published by Harper Collins. This book was released on 2020-09-30 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ananth Krishnan first moved to China in the summer of 2008. In the years that followed, he had a ringside view of the country's remarkable transformation. He reported from Beijing for a decade, for the India Today and The Hindu. This gave him a privileged opportunity that few Indians have had -- to travel the length and breadth of the country, beyond the glitzy skyscrapers of Shanghai and the grand avenues of Beijing that greet most tourists, to the heart of China's rise. This book is Krishnan's attempt at unpacking India's China challenge, which is four-fold: the political challenge of dealing with a one-party state that is looking to increasingly shape global institutions; the military challenge of managing an unresolved border; the economic challenge of both learning from China's remarkable and unique growth story and building a closer relationship; and the conceptual challenge of changing how we think about and engage with our most important neighbour. India's China Challenge tells the story of a complex political relationship, and how China -- and its leading opinion-makers -- view India. It looks at the economic dimensions and cultural connect, and the internal political and social transformations in China that continue to shape both the country's future and its relations with India.
Download or read book Elgar Encyclopedia of Corporate Governance written by Thomas Clarke and published by Edward Elgar Publishing. This book was released on 2024-10-03 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: With 163 authoritative entries providing definitive explanations and critiques of the fundamental principles and practices of corporate governance, this timely Encyclopedia is a comprehensive overview of the economic, political, social, legal and environmental impacts of corporations across the globe.
Download or read book Corporate Governance Reform Priorities in Asia Taking Corporate Governance to a Higher Level written by OECD and published by OECD Publishing. This book was released on 2013-10-01 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Report supports decision-makers and practitioners in their efforts to take corporate governance to a higher level.
Download or read book The Long Game written by Rush Doshi and published by Oxford University Press. This book was released on 2021-06-11 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: For more than a century, no US adversary or coalition of adversaries - not Nazi Germany, Imperial Japan, or the Soviet Union - has ever reached sixty percent of US GDP. China is the sole exception, and it is fast emerging into a global superpower that could rival, if not eclipse, the United States. What does China want, does it have a grand strategy to achieve it, and what should the United States do about it? In The Long Game, Rush Doshi draws from a rich base of Chinese primary sources, including decades worth of party documents, leaked materials, memoirs by party leaders, and a careful analysis of China's conduct to provide a history of China's grand strategy since the end of the Cold War. Taking readers behind the Party's closed doors, he uncovers Beijing's long, methodical game to displace America from its hegemonic position in both the East Asia regional and global orders through three sequential "strategies of displacement." Beginning in the 1980s, China focused for two decades on "hiding capabilities and biding time." After the 2008 Global Financial Crisis, it became more assertive regionally, following a policy of "actively accomplishing something." Finally, in the aftermath populist elections of 2016, China shifted to an even more aggressive strategy for undermining US hegemony, adopting the phrase "great changes unseen in century." After charting how China's long game has evolved, Doshi offers a comprehensive yet asymmetric plan for an effective US response. Ironically, his proposed approach takes a page from Beijing's own strategic playbook to undermine China's ambitions and strengthen American order without competing dollar-for-dollar, ship-for-ship, or loan-for-loan.
Download or read book Corporate Social Responsibility Reporting in China written by Kwang-Yong Shin and published by . This book was released on 2014-02-28 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
