By Stoyan Tenev, Chunlin Zhang ,  World Bank and the International Finance Corporation , 2002 

As China continues in its evolution from a planned economy to a market economy, and from an agricultural to a manufacturing and service-oriented economy, issues arising from owner diversification, corporate governance, and labor resource allocation have come to the forefront. Most particularly, corporate governance is being focused on as the state continues its withdrawal from direct ownership.

This study evaluates short - and medium - term corporate governance issues impacting companies involved in ownership diversification. It examines problems associated with governance such as cost and framework design and makes recommendations concerning the many facets of corporate governance.

• Full report
• Foreword - Javed Hamid and Homi Kharas
• Acknowledgements
• Abbreviations and Acronyms
• Executive Summary
• Chapter 1 - Introduction
• Chapter 2 - The Evolution of Governance Mechanisms in China's State Sector
• Chapter 3 - The Corporate Governance of Transformed Small and Medium Enterprises
• Chapter 4 - Ownership and Control of Listed Companies
• Chapter 5 - Role of Stock Markets and Information Disclosure in the Corporate Governance of Listed Companies
• Chapter 6 - Building a Modern Governance System
• References

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