Corporate Governance and Enterprise Reform in China: Building the Institutions of Modern Markets

Review:

Corporate Governance and Enterprise Reform in China is an extraordinarily rich study of an extraordinarily complex and dynamic topic. At one level, the study offers an essential emperical snapshot of the latest stage of Chinese reform, the effort to build the regulatory and governance mechanisms of a developed industrialised economy. At an even more profound level, the study-in its analysis of China - challenges us to reflect more broadly upon what constitutes the requisite institutional foundations of any modern market system. Given its wide-ranging data and thorough going analysis, this study is 'must reading' for academics and practitioners alike

Edward S. Steinfeld, Associate Professor of Political Science,
MASSACHUSETTS INSTITUTE OF TECHNOLOGY