Introduction to the Modern Corporation System - (Second Edition)

Author: Xu Maokui
Publisher:
Publish Date: 2006-05-01
Features: Introduction to the Modern Corporation System provides a comprehensive discussion on the theory, operation, and corporate restructuring of state-owned enterprises in China. It is one of the most comprehensive and systematic studies on the corporate system to date. It is part of the 21st Century Series textbooks by Renmin University of China and is not only suitable for teaching in economics and economic management but also serves as a necessary reference for economic theory and management professionals. The book is divided into three parts. Part One offers a theoretical overview of the modern corporation system, focusing on its nature, characteristics, and the development of modern enterprise theory since the 1970s, with a special emphasis on the property rights system of modern corporations. Part Two examines the operational processes of modern corporations, providing a thorough analysis and introduction to fundamental corporate activities such as establishment, organizational structure, financial management, convertible bonds, asset restructuring, and liquidation. It also delves into important theoretical and practical issues that arise in the operation of modern corporation systems, such as corporate governance structures, stock option plans for executives, and corporate financing theories. Part Three explores the corporate restructuring of state-owned enterprises in China, studying key theoretical issues such as the diversification of public ownership implementation, the role of state-owned enterprise shareholding reforms in "privatization," strategic adjustments and reorganization of state-owned economies, and the shareholding cooperative reforms of small and medium-sized state-owned enterprises.