Introduction to the Modern Corporate System (21st Century Economics Series Textbooks)

Author: Xu Maokui
Publisher:
Publish Date: 2001-05-17
Features: This series of books adheres to the fundamental theories of Marxist economics while also reflecting the latest research findings in economic theory. It possesses characteristics such as foundationality, generality, innovation, and foresight. The book focuses on the development of modern corporate systems and modern enterprise theory, analyzing the features and functions of the corporate system as well as the property rights system of companies. It provides a comprehensive discussion on the theory, operation, and corporate system reforms of modern corporate systems, making it one of the most comprehensive and systematic studies on the corporate system to date. It is part of a series of textbooks compiled by the School of Economics at Renmin University of China. It is not only suitable for teaching in economics and economic management but also serves as a necessary reference for economic theory research and economic management personnel. The entire book is approximately 350,000 words.
The book is divided into three parts. Part One provides a theoretical overview of modern corporate systems, focusing on the nature, characteristics, and the development of modern enterprise theory since the 1970s, with a particular emphasis on the property rights system of modern companies. Part Two examines the operational processes of modern companies, offering a comprehensive analysis of the establishment, organizational structure, financial management, asset restructuring, and liquidation of companies. It also conducts in-depth research on current hot and challenging issues such as corporate governance structures, stock option systems, corporate financing theories, and convertible bonds. Part Three explores China's corporate system reforms, studying major theoretical issues such as the diversification of public ownership forms, the fact that state-owned enterprise shareholding reforms are not about privatization, the strategic adjustment and restructuring of state-owned economies, and the shareholding cooperative reforms of small and medium-sized state-owned enterprises.