Modern Corporate Theory - (Second Edition)

Author: Gao Chengde
Publisher:
Publish Date: 2006-08-01
Features: This book explores the definition and essential characteristics of modern companies from the perspective of the history of enterprise and corporate development. It applies modern corporate theory to explain the emergence of modern companies and delves deeply into various aspects of modern corporate systems, including property rights theory, corporate bankruptcy theory, principal-agent relationships, corporate governance structures, corporate growth theory, corporate hierarchy systems, and corporate organizational systems. Additionally, it discusses the reform of state-owned enterprise organizational systems in the context of China. Furthermore, the book analyzes the relationship between modern corporate systems and institutional changes in corporate growth, as well as the connection between modern corporate systems and corporate value growth. Since its first publication in 2000, this book has received positive market response. This edition is a further revision based on the previous version, making it more aligned with economic realities and better suited to meet the learning and research needs of relevant individuals.