The structure of this article is as follows: Part II will provide a brief history of the Chinese Economic Reform Era and the basic structure of the Chinese Company Law, and then discuss the legal framework about independent directors in Chinese corporate law. Part III will focus on structural issues of Chinese corporate governance and recent changes, including the modernization of state-owned enterprises, the banking sector, and the stock market. It will highlight the difficulties as well as the possibilities that this mechanism faces in a broader context. Part IV will analyze several different surveys on the results of this new legal design. This section will provide a more comprehensive view on the implementation of the independent director mechanism after its first decade in China. Also, the critiques of this new mechanism will be examined and assessed. Part V begins with an analysis of the core governance issues China is dealing with today and to what extent the current independent director mechanism is helping to solve those issues. After discussing its current ineffectiveness, this section will propose two possible models in which independent directors can play a role as social, economic, and political conditions continue to evolve in China. The purpose of this analysis is to help answer the question of whether the independent director mechanism is a reasonable choice in light of the current conditions in China and to suggest possible strategies to maximize its efficacy. Part VI will briefly conclude this article.

Much of the history of corporate law has concerned itself not with shareholder power, but rather with its absence. Recent shifts in capital market structure require a reassessment of the role and power of shareholders. These original, specially commiss

Politics of the State Grid Corporation of China -- Electricity -- From the ministry to a corporation -- Overseeing SGCC: the contested regimes of central agencies -- State Grid Corporation of China -- SGCC in action: as a policy entrepreneur -- SGCC in action: as technology innovator -- SGCC in action: internationalisation

This book examines the important role which civil society organisations in South Africa play in challenging poor corporate governance in state-owned enterprises and demanding better government accountability, transparency and citizen participation. The book provides a powerful examination of the shortcomings in corporate governance in South Africa's state-owned enterprises, highlighting how civil society organisations, as citizen representatives, can push for change. It examines the legal provisions used by civil society organisations in South Africa to advance good corporate governance and accountability in state-owned enterprises. The book demonstrates the need for an enabling legal environment for civil society organisations to challenge poor governance in state-owned enterprises. Also critical is enforcing laws, so those responsible for poor corporate governance in SOEs are held accountable. The book will be useful to policy advisors, public servants and social justice activists, as well as to postgraduate students and researchers who are interested in African governance and accountability.

Comparing four key branches of private law in China and Taiwan, this collaborative and novel book demystifies the 'China puzzle'.

La 4e de couverture indique : "Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist features disguise the profoundly unfamiliar foundations of "market socialism with Chinese characteristics." The Chinese Communist Party (CCP), by controlling the career advancement of all senior personnel in all regulatory agencies, all state-owned enterprises (SOEs), and virtually all major financial institutions state-owned enterprises (SOEs), and senior Party positions in all but the smallest non-SOE enterprises, retains sole possession of Lenin's Commanding Heights. The chapters in this volume examine China's high savings rate, banking system, financial markets, financial regulations, corporate governance, and public finances; and consider policy alternatives the CCP might consider if its goal is China's elevation into the ranks of high income countries."