Corporate Governance In Transition Economies: A Case Study Of Two Chinese Airlines

Mar, Pamela; Young, Michael N.
October 2001
Journal of World Business;Fall2001, Vol. 36 Issue 3, p280
Academic Journal
China's eminent entry into the Worm Trade Organization increases the urgency of the need for corporate governance reform in its ailing state-owned enterprises. Thus, this study examined the extent to which listing of shares of Chinese state-owned enterprises on public stock exchanges--a key part of the on-going reforms--is associated with convergence of their corporate governance practices toward those accepted as global standards. Two prominent Chinese airlines were chosen as subjects of case studies involving both primary and secondary, data sources. The findings are presented along with a discussion of the implications.


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