Chinese style corporate governance

Chinese-style corporate governance emphasizes strong government influence and close connections between firms, regulators, and the political system. Unlike Western models that prioritize independent boards and shareholder rights, Chinese governance often features state ownership or oversight, fostering stability and alignment with national policies. Companies may have government-appointed leaders and strategic direction shaped by political considerations. This approach aims to balance economic development with social stability, using a mix of formal regulations and informal networks to guide corporate behavior within China's unique political and economic context.