Study on the Nested Structure of Corporate Governance in Chinas Companies Listing Abroad
The most important issue for companies listing abroad is how to reach co-exist between two different kinds of institutions which are located in the registration region and the listing place each other. How is the co-existing characteristic of institutions reflected by corporate governance as the basic institution arrangement in companies listing abroad? Focusing on these two questions, this study establishes a nested structure of corporate governance for companies listing abroad. The corporate governance is composed of three parts: the corporate governance established according to corporate laws and regimes in firm registered location; the corporate governance adjusted for corporate laws and regimes in firm cross-border listed location that belongs to the mandatory institutional change; the governance innovation for firm strategy formulation and implementation that belongs to the induced institutional change.
LIU Xiaoyuan ZHOU Jian JIN Yuanyuan
Business School, Central University of Finance and Economics, Beijing, P.R.China, 102206 Business School, Nankai University, Tianjing, P.R.China, 300071
国际会议
2011 International Conference on Strategic Management(2011年战略管理国际会议 ICSM)
成都
英文
753-759
2011-09-24(万方平台首次上网日期,不代表论文的发表时间)