The Party vs. shareholders: What drives corporate governance in China?

The Chinese Communist Party (CCP) influences, in one way or another, the governance of every organization in the country and is without equivalent in any other major economy. Its hand, felt with varying grip across Chinese industries, state-owned enterprises, and private sector firms, intersects and interacts with international mechanisms of corporate governance in unique ways.
Nicolas Véron (Peterson Institute for International Economics), Curtis J. Milhaupt (Stanford Law School), and Tianlei Huang (PIIE) explore the CCP’s role in China’s business landscape and its recent evolution in this episode of the PIIE event series Financial Statements on February 22, 2023. For more information, visit: www.piie.com/e...
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