Does governance reform help? the impact of split share structure reform on corporate board structure in Chinese manufacturing enterprises
This study explores the determinants of board size and independence in the Chinese manufacturing industry during the periods before and after the split share structure reform. The results show that with the implementation of the Chinese split share structure reform, corporate governance was impacted...
| Main Authors: | , , , |
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| Format: | Article |
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Malaysian Economic Association
2016
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| _version_ | 1825721151133843456 |
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| author | Zhang, C. Cheong, K.C. Li, R. Rasiah, R. |
| author_facet | Zhang, C. Cheong, K.C. Li, R. Rasiah, R. |
| author_sort | Zhang, C. |
| collection | UM |
| description | This study explores the determinants of board size and independence in the Chinese manufacturing industry during the periods before and after the split share structure reform. The results show that with the implementation of the Chinese split share structure reform, corporate governance was impacted positively in terms of the greater board independence. Meanwhile, the mainstream view that non-state enterprises are better governed than state enterprises has found no support. Overall the study suggests that one board size and one type of board independence may not fit all firms under different corporate governance environments. |
| first_indexed | 2024-03-06T05:46:00Z |
| format | Article |
| id | um.eprints-18671 |
| institution | Universiti Malaya |
| last_indexed | 2024-03-06T05:46:00Z |
| publishDate | 2016 |
| publisher | Malaysian Economic Association |
| record_format | dspace |
| spelling | um.eprints-186712018-05-15T04:08:30Z http://eprints.um.edu.my/18671/ Does governance reform help? the impact of split share structure reform on corporate board structure in Chinese manufacturing enterprises Zhang, C. Cheong, K.C. Li, R. Rasiah, R. HB Economic Theory HC Economic History and Conditions This study explores the determinants of board size and independence in the Chinese manufacturing industry during the periods before and after the split share structure reform. The results show that with the implementation of the Chinese split share structure reform, corporate governance was impacted positively in terms of the greater board independence. Meanwhile, the mainstream view that non-state enterprises are better governed than state enterprises has found no support. Overall the study suggests that one board size and one type of board independence may not fit all firms under different corporate governance environments. Malaysian Economic Association 2016 Article PeerReviewed Zhang, C. and Cheong, K.C. and Li, R. and Rasiah, R. (2016) Does governance reform help? the impact of split share structure reform on corporate board structure in Chinese manufacturing enterprises. Malaysian Journal of Economic Studies, 53 (2). pp. 297-313. ISSN 1511-4554, https://mjes.um.edu.my/index.php/MJES/article/view/2775/962 |
| spellingShingle | HB Economic Theory HC Economic History and Conditions Zhang, C. Cheong, K.C. Li, R. Rasiah, R. Does governance reform help? the impact of split share structure reform on corporate board structure in Chinese manufacturing enterprises |
| title | Does governance reform help? the impact of split share structure reform on corporate board structure in Chinese manufacturing enterprises |
| title_full | Does governance reform help? the impact of split share structure reform on corporate board structure in Chinese manufacturing enterprises |
| title_fullStr | Does governance reform help? the impact of split share structure reform on corporate board structure in Chinese manufacturing enterprises |
| title_full_unstemmed | Does governance reform help? the impact of split share structure reform on corporate board structure in Chinese manufacturing enterprises |
| title_short | Does governance reform help? the impact of split share structure reform on corporate board structure in Chinese manufacturing enterprises |
| title_sort | does governance reform help the impact of split share structure reform on corporate board structure in chinese manufacturing enterprises |
| topic | HB Economic Theory HC Economic History and Conditions |
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