ABSTRACT

The issue of corporate governance is highly important to China’s development. The subject touches on a great many considerations and has a very broad impact. At the same time, it generates strong emotions. We began trying to introduce the concept into China only fairly recently, but even in such a short time we have encountered a number of problems. We first went through a stage of debating the most rudimentary issues, almost like holding discussions among school children. Nevertheless, after years of working on this, China’s corporate governance is in fact making fast and very exciting progress.