Transition from administrative to economic model of corporate governance: A new analytical framework for the research on China's corporate governance

Abstract

Purpose

This paper makes the first attempt to provide a new analytical framework for research on the evolution of China's corporate governance models. The purpose of this paper is to investigate developmental corporate governance mechanisms in China the over past decades from a synthetic and dynamic analytical viewpoint.

Design/methodology/approach

This is a conceptual paper.

Findings

The evolution of corporate governance from an administrative to an economic model in China was not a smooth process and was confronted with various unavoidable institutional and ideological obstacles. Consequently, the transition of governance models has demonstrated the following four salient characteristics: gradualism, dualism, systematization and path dependency.

Originality/value

This paper makes the first attempt to provide a new analytical framework for research on the evolution of China's corporate governance models.

Citation

Li, W. and Yan, D. (2013), "Transition from administrative to economic model of corporate governance: A new analytical framework for the research on China's corporate governance", Nankai Business Review International, Vol. 4 No. 1, pp. 4-8. https://doi.org/10.1108/20408741311303841