Shortcomings in China's Corporate Governance Regime

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clpstaff &clp articles

Challenges ahead to bring PRC companies in compliance with internationally-accepted best practices.

By Johnny KW Cheung of American International Group

China has made many positive improvements to its corporate governance structure in recent times by revising its securities and company laws. Notable changes include greater financial disclosure requirements, improved protection of minority shareholders' rights and clearer guidelines on the role of supervising boards.

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