Decode the Wealth Equation: New Choices for Businesses, Governments, and the Public

Author: Wei Jie
Publisher:
Publish Date: 2003-06-01
Features: Nowadays, the governance efficiency of many enterprises in China is not high, and people have paid more attention to corporate governance structure issues. However, it is unknown that the corporate governance structure is determined by the financing structure of the enterprise, especially the capital structure. Discussing corporate governance structure without considering its foundation is meaningless. If the superstructure of a society excessively emphasizes and insists on protecting inefficient economic components, even the superstructure itself may face a crisis. If the snowball of wealth cannot be rolled and its radius continuously expanded, then the enterprise cannot truly be an enterprise. In the report of the 16th National Congress of the Communist Party of China, it explicitly proposes to take the comprehensive construction of a moderately prosperous society as the immediate goal of the Chinese people, precisely aiming to greatly increase the per capita wealth of the Chinese nation. The purpose of this book is to decipher the secret of the wealth equation composed of the four major elements: capital, labor, technology, and management.

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