The Path Dependence in Corporate Governance Based on the Evidence of Mainland China

被引：0

作者：

Liu Hanmin ^{[1
]}

Hao Yingqi ^{[1
]}

机构：

[1] Jinan Univ, Sch Management, Jinan 510632, Peoples R China

来源：

PROCEEDINGS OF THE 5TH INTERNATIONAL SYMPOSIUM FOR CORPORATE GOVERNANCE, BOOKS 1 AND 2 | 2009年

关键词：

Institution; Path dependence; Comparative corporate governance; Evolution; LOCK-IN; ECONOMICS;

D O I：

暂无

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper, from the perspective of comparative institutional analyses (CIA), finds out six main causes leading to path dependence in corporate governance: initial conditions, historical matters, cognitive capabilities, institutional structures, invested interests, as well as switching costs. Based on these findings, it reviews the process of Chinese enterprise reform and CG (corporate governance), and testifies that the evolution of Chinese CG is exactly path dependent. The paper also offers some solutions for Chinese authorities about how to break through path dependence in CG.

引用

页码：1157 / 1163

页数：7

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