Theoretical Explanations and Empirical Analysis of Corporate Control

Author: Hu Xiaoyang
Publisher:
Publish Date: 2005-12-01
Features: This book analyzes the nature and dynamic arrangements of corporate control rights by integrating the theory of corporate contractual capacity and the theory of corporate contracts. It examines the mechanisms of control right transfers during the process of corporate growth and explores measures to improve the allocation mechanisms and efficiency of corporate control rights in China. The author analyzes the nature of corporate control rights with unique insights, studies the structure of control rights, then examines the initial distribution of control rights during contract formation and the corporate governance structure. Furthermore, it proposes enhancing the efficiency of control right allocation through market competition mechanisms to optimize the control right structures of state-owned enterprises and family-owned enterprises during China's transition phase.