Download or read book Corporate Control and Enterprise Reform in China written by Christian Büchelhofer and published by Springer Science & Business Media. This book was released on 2008-01-10 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This intriguing study sheds light on the efficiency of corporate control allocation in Chinese listed firms. Using a panel data set for the period 1996 to 2006, it examines the frequency, causes and consequences of changes in corporate control. The results indicate that poorly performing firms are the predominant targets of control changes. The findings provide insights into the motives and constraints of the key players involved in governance practices in China.