China Experience: Corporate Governance and Worker Democratic Participation in a Transforming Society

Author: Feng Tongqing
Publisher:
Publish Date: 2005-09-01
Features: Since the reform and opening-up in China, few have raised or solved issues related to the loss of state-owned assets and industrial accidents by examining existing corporate governance structures and institutional arrangements. The authors from different countries and regions, after three years of in-depth research on eight Chinese enterprises, demonstrate that the operation of the workers' congress system is a resource for institutional and cultural solutions to such problems. Typically, criticisms of China's workers' congress system are based on unrealistic expectations derived from labor relations models and corporate governance models of developed countries. However, the empirical descriptions and theoretical summaries in this book strive to be grounded in the real context of China, focusing on the historical conditions and social environment of Chinese enterprises, using concepts and norms that align with them. The authors of this book aim to describe the "Chinese phenomenon" and summarize the "Chinese experience."