Introduction to the Modern Corporation System (2nd 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 reform 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 People's University of China's 21st Century Series textbooks and is not only suitable for teaching in economics and economic management but also serves as a necessary reference for economic theorists and managers. 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 particular emphasis on the analysis of the property rights system of modern corporations. Part Two examines the operational process of modern corporations, providing a comprehensive analysis and introduction to fundamental corporate activities such as establishment, organizational structure, financial management, convertible bonds, asset restructuring, and liquidation. It also conducts in-depth research and interpretation on important theoretical and practical issues that arise in the operation of modern corporate systems, such as corporate governance structures, stock option plans for executives, and corporate financing theories. Part Three explores the corporate reform of state-owned enterprises in China, studying key theoretical issues such as the diversification of public ownership implementation, the transformation of state-owned enterprises into shareholding systems, strategic adjustments and restructuring of the state-owned economy, and the shareholding cooperative reforms of small and medium-sized state-owned enterprises.