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Tingting Qi's chapter titled, “Moving toward Decentralization? Changing Education Governance in China After 1985,” provides the historical and policy context for the volume. This chapter integrates the post-1978 Chinese educational reforms into the socioeconomic context of China. The special contribution of this chapter is that it explores the complexity of educational decentralization in China through an in-depth analysis of changes in education finance, administration, and curriculum. Qi reviews prior studies, government documents, laws, and regulations related to Chinese education reform since 1978 within the context of education decentralization in China. Qi also demonstrates that China's educational policy reforms are moving China toward “centralized decentralization” because decentralization is driven by a common, centralized national goal of economic modernization. The chapter presents evidence that “centralized decentralization” is a strategic maneuver that maintains centralized control while providing the reform legitimacy of decentralization. By focusing on decentralization as the core of Chinese educational policy reforms, this chapter situates the following chapters within the social, cultural, and political context of post-1978 China.

In this paper, we investigate whether internal control and whether corporate life cycle would affect firm performance in the emerging markets of China.

We use Chen, Dong, Han, and Zhou’s (2013) internal control index on the effectiveness of internal control and Dickinson’s (2011) definition on firm life cycle. We use multivariate regression analysis.

We find that the internal control improves corporate performance. When dividing firm life cycle into five stages: introduction, growth, mature, shake-out and decline, we find that the impacts of internal control on firm performance vary with different stages. The positive impact of internal control on firm performance is more significant in maturity and shake-out stages than other stages.

Our findings would have implications for the regulators and policy makers with regards to the importance of internal control in corporate governance and the effectiveness of implementing standards and guidelines on internal control in public firms.

In addition, our findings on the various roles of internal control at different stages of firm life cycle would help managers and board of directors find more focus in risk management and board monitoring, respectively.

Although the prior literature have examined the link between internal control, information quality and cost of equity capital (Ashbaugh-Skaife, Collins, Kinney, & LaFond, 2009; Ogneva, Subramanyam, & Raghunandan, 2007), our study would be the first attempt to investigate the link between internal control and firm performance during different stages of firm life cycles.

This chapter explores the ‘gap’ between policy intent and policy effect through the eyes of a group of practising school principals in China. The reform policies targeted are the new curriculum, the school review system and personnel system. The universalising tendency of educational reform towards decentralisation and marketisation has swept across China as it has in Western democracies. Another trend Chinese education shares with other systems is that central policy initiatives go through a complex process of interpretation and re-interpretation before they reach schools, a pattern that continues as schools struggle to implement them. Using interview data collected from 11 secondary school principals in Shanghai, China, the chapter suggests that the way in which policy is interpreted and translated in schools is influenced by the particularities of the context, and that the status of the school plays a particularly important role in this process. Despite the moderating role of the local context, some commonalities across principals' policy interpretations emerge. These commonalities suggest that universal education reform policies inevitably reflect cultural and societal characteristics when they are introduced and adapted to the specific national context.

This chapter reviews and compares Southeast Asia country practices on global, regional, and local practices for disaster risk assessment (DRA). DRA research and practices include and create a disaster risk management (DRM) solution. There are 11 countries in Southeast Asia, but only 10 countries are members of the Association of Southeast Asian Nations (ASEAN), except Timor-Leste. The key objective of ASEAN’s formation is cooperation in economic growth, social, regional peace and cultural development, disaster management cooperation, and humanitarian assistance at the regional level. The DRM system practiced in ASEAN member countries is discussed in this chapter. Furthermore, the system and findings of DRAs are also addressed. Globally, two DRA structures are discussed and compared, namely Index of Risk Management (INFORM) and World Risk Index (WRI). In addition, regional vulnerability assessment guidelines for regional and national levels are discussed. However, several selected studies and practices such as the Indonesian Risk Index (InaRISK) are being discussed at the local level. Overall, there is space for improvement of coordination in terms of data and technology sharing for DRM, especially for assessment. The finding of this review highlighted the complexity of DRA at the global and regional levels and encouraging community DRA among the ASEAN members.