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no DOI — not checkedThis includes increasing banks and institutional shareholders' involvement, protecting shareholders' rights, and improving the operation of the securities market. In searching for a suitable model of corporate governance, this article has investigated the problems of the Chinese enterprise system and discussed the experiences of other systems. In doing so, a clear picture of corporate development in China has emerged. This may give some credibility for the proposed model. However, a corporate governance system is shaped not only by theoretical rationality, but also by the economic, historical, cultural and legal situations of the system in which it operates. Hence, the rationality of the proposed model needs to be tested against these factors. FOOTNOTES: n1 At the eve of the economic reform, the state owned enterprises counted for 83.2% of the industrial GDP and collective owned enterprises accounted for 16.8%. See State Statistical Bureau, Statistical Yearbook of China
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no DOI — not checkedResearch on the Structure of Modern Corporate Organs' Power: A Legal Analysis of
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no DOI — not checkedA Chinese Perspective on Corporate Governance
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no DOI — not checkedInt'l L. 393, *428 see Tang Min & Mao Yushi
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no DOI — not checkedAgency Theory and Orientation of Reform in Chinese State--Owned Enterprises, 4
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no DOI — not checkedSome Legal Issues involving State--Owned Enterprises
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no DOI — not checkedA Comparative Study of Shareholders' Suits in Chinese and Japanese Corporate Laws
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no DOI — not checkedThe Asia--pacific Experience 145 (Geeta Gouri
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