The Path Dependence in Corporate Governance Based on the Evidence of Mainland China

摘要：

This paper, from the perspective of comparative institutional analyses (CIA), finds out six main causes leading to path dependence in corporate governance: initial conditions, historical matters, cognitive capabilities, institutional structures, invested interests, as well as switching costs. Based on these findings, it reviews the process of Chinese enterprise reform and CG (corporate governance), and testifies that the evolution of Chinese CG is exactly path dependent. The paper also offers some solutions for Chinese authorities about how to break through path dependence in CG.

关键词： Institution Path dependence Comparative corporate governance Evolution

作者: LIU Hanmin HAO Yingqi

作者单位: School of Management, Jinan University, China, 510632

会议类型: 国际会议

会议名称: The 5th International Sympsium for Corporate Governance(第五届公司治理国际研讨会)

会议地点: 天津

会议语种:英文

页码: 1157-1163

在线出版日期: 2009-09-01（万方平台首次上网日期，不代表论文的发表时间）