Modern Corporate Theory (Second Edition)

Author: Gao Chengde, Editor-in-Chief
Publisher:
Publishing Date: 2006-08-01
Features: This book explores the definition and essential characteristics of modern companies from the perspective of corporate and company development history. It applies modern corporate theory to explain the emergence of modern companies and delves into in-depth discussions on property rights theory, corporate bankruptcy theory, principal-agent relationships, corporate governance structures, corporate growth theory, corporate hierarchy systems, and corporate organizational systems within modern company systems. Additionally, it examines the reforms of state-owned enterprise organizational systems in China. Furthermore, the book analyzes the relationship between modern company systems and institutional changes in corporate growth, as well as the connection between modern company systems and corporate value growth. Since its first publication in 2000, this book has received positive market feedback. This edition is based on the previous version and has been further revised to better align with economic realities and meet the learning and research needs of relevant individuals.