Download or read book Comparative Corporate Governance : A Chinese Perspective written by Yuwa Wei and published by Kluwer Law International B.V.. This book was released on 2003-04-01 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: The analysis is notable for its insistence that, for a corporate governance system to work, the principles and practicalities of that system must be derived from customary cultural norms. Experience shows that imported models, although they may be enshrined in law, lead to economic stagnation unless actual practice is monitored and reformed and the laws change to reflect these necessary adjustments. Thus the model proposed here begins with the Company Law of 1994, and proceeds to show how practical experience is already providing valuable data for the task of improving the law.