TY - BOOK AU - Tenev,Stoyan AU - Zhang,Chunlin AU - Brefort,Loup TI - Corporate governance and enterprise reform in China: building the institutions of modern markets SN - 0821351362 AV - HD 2910 T292c 2002 U1 - 338.0951 21 PY - 2002/// CY - Washington, D.C. PB - World Bank, International Finance Corporation KW - Corporations KW - China KW - Corporaciones KW - Corporate governance KW - Gobierno corporativo KW - Industrial organization KW - Organización industrial KW - Industrial policy KW - Política industrial KW - Government ownership KW - Propiedad del gobierno KW - Employee ownership KW - Small business KW - Government policy KW - Pequeñas y medianas empresas KW - Política gubernamental KW - Finance KW - Credit KW - Financial statements KW - Capitalism KW - Economic policy KW - 2000- N1 - Includes bibliographical references (p. 163-168); Foreword / Javed Hamid and Homi Kharas -- 1. Introduction -- 2. The Evolution of Governance Mechanisms in China's State Sector -- Corporate Governance in the Context of China's Overall Approach to Reform -- From Danwei to the Modern Enterprise System -- Agency Costs of Local Government Ownership and Enterprise Autonomy -- Current Approach -- 3. The Corporate Governance of Transformed Small and Medium Enterprises -- Ownership Transformation and Emerging Governance Issues -- Role of Employees -- Role of Banks -- Role of Private Equity Investors -- 4. Ownership and Control of Listed Companies -- Ownership Concentration and Types of Investors -- Ownership and Corporate Governance Issues -- Board of Directors N2 - This study evaluates short-and medium-term corporate governance issues impacting companies involved in ownership diversification in China. It examines problems associated with governance such as cost and framework design and makes recommendations concerning the many facets of corporate governance ER -