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Vol 23 No 4 April/May 2018

Book of the Month

Cover of Williams, Mortimer and Sunnucks: Executors, Administrators and Probate

Williams, Mortimer and Sunnucks: Executors, Administrators and Probate

Edited by: Alexander Learmonth, Charlotte Ford, Julia Clark, John Ross Martyn
Price: £295.00

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Beyond Shareholder Wealth Maximisation: Towards a More Suitable Corporate Objective for Chinese Companies


ISBN13: 9781138288867
Published: October 2017
Publisher: Routledge
Country of Publication: UK
Format: Hardback
Price: £105.00



Despatched in 3 to 5 days.

Also available as
£34.28
+ £6.86 VAT

Corporate governance has become one of the most important issues on the business agenda, with incalculable political and social consequences both domestically and globally. The corporate objective, or for whose interests should a company be run, remains the fundamental question at the heart of corporate governance. This book explores different approaches to the corporate objective and then goes on to discuss these approaches in the context of China due to its importance in the global economic and political arena.

The book puts forward a comparative study of shareholder rights in the UK, US in order to determine what is and should be the corporate objective for Chinese companies. Contrary to the widely held belief that corporate objective should be shareholder wealth maximisation (SWM), Min Yan argues that SWM is both descriptively and normatively unsuitable and not just for China, but for Western economies as well. The book goes on to advocate a stakeholder model as the basis for Chinese corporate law and corporate governance.

Subjects:
Other Jurisdictions , China
Contents:
1. Introduction
2. Shareholder Wealth Maximisation Re-examined
3. Shareholder Empowerment as a Means to Shareholder Wealth Maximisation
4. Shareholders' Rights and Corporate Objectives in China: Past and Present
5. Stakeholder Theory as an Alternative Model
6. Conclusion

Series: Routledge Research in Corporate Law

Corporate Law and Financial Instability ISBN 9781138289130
Published November 2017
Routledge
£105.00
Board Accountability in Corporate Governance ISBN 9781138702127
Published January 2017
Routledge
£39.99
£34.28 + £6.86 VAT
(ePub)
Buy
Rethinking Corporate Governance in Financial Institutions ISBN 9780415535465
Published November 2015
Routledge
£115.00
£34.99
Board Accountability in Corporate Governance ISBN 9780415725538
Published June 2015
Routledge
£115.00
Board Accountability in Corporate Governance (eBook) ISBN 9781317910695
Published June 2015
Routledge
£34.28 + £6.86 VAT
(ePub)
Buy
Progressive Corporate Governance for the 21st Century ISBN 9781138805200
Published June 2014
Routledge
£39.99
£30.99
Directors' Decisions and the Law: Promoting Success ISBN 9780415671934
Published February 2014
Routledge
£115.00
Directors' Decisions and the Law: Promoting Success (eBook) ISBN 9781134445295
Published February 2014
Routledge
£28.28 + £5.66 VAT
(ePub)
Buy
£28.28 + £5.66 VAT
(ePub)
Buy
£28.28 + £5.66 VAT
(ePub)
Buy
The Political Determinants of Corporate Governance in China ISBN 9780415730587
Published October 2013
Routledge
£30.99
£120.00
£32.56 + £6.51 VAT
(ePub)
Buy
Progressive Comparative Corporate Governance for the 21st Century ISBN 9780415563826
Published September 2012
Routledge
£115.00
£115.00
£24.85 + £4.97 VAT
(ePub)
Buy
£24.85 + £4.97 VAT
(ePub)
Buy
The Political Determinants of Corporate Governance in China ISBN 9780415574013
Published March 2012
Routledge
£115.00