Corporate Governance in China Seen Through a Practitioner’s Lens, by Lyndsey Zhang provides a practical guide to understanding Chinese companies’ corporate governance practices and assessing associated risks. This book will be very useful for anyone who wants to invest, work or do business with domestic or multinational Chinese companies.
Corporate Governance in China Seen Through a Practitioner’s Lens by Lyndsey Zhang
China is now the world’s second largest economy, and continues to grow at a remarkable pace. This pace of growth together with the progressive opening up of China’s financial markets have made it increasingly attractive to foreign investors and business leaders. In addition the growth of Chinese-based multi-nationals has presented other opportunities for working and investing.
But there have been concerns voiced about the role of the State. China has more State-Owned Enterprises (SOEs) than any other country, over 150,000. There have also been concerns raised about the standards of corporate governance currently operating. And the differences in culture that can mean that investing and doing business in China can feel like “navigating in the dark”.
This book clearly sets out the journey China is taking towards improving its corporate governance standards generally, with a special emphasis on ESG issues.
Lyndsey Zhang offers a unique perspective on the topic. Born in China and now living in the US, Lyndsey has worked in three Chinese multinational companies with different ownership structures and CG models: a private company, an SOE and an overseas-listed company. She led these Chinese companies’ global expansion, fundraising on the Hong Kong Stock Exchange, dealing with cross-border mergers and corporate acquisitions in European countries, and forming post-acquisition strategies in the US, all of which have placed her – as a Chinese native living in the West – in a unique position to understand the opportunities and challenges for Chinese multinationals and their global partners and investors.
She draws upon a number of case studies, including Alibaba, Huawei, Ant Group and Lenovo, to really bring the current Chinese corporate governance situation to life.
This book provides a practical guide to understanding Chinese companies’ corporate governance practices and assessing the associated risks. It will be useful to anyone who wants to invest in, work in or do business with domestic or multinational Chinese companies
“Fascinating book that gets to the heart…
Patrick Dunne, Chair of EY Foundation, Chair of ESSA
“Zhang is a true expert on both Chinese culture & business…
Jack McCullough, President of CFO Leadership Council
“Lyndsey does a masterful job of rendering an inherently complex…
Nawar Alsaadi, FSA, SIPC, Director ESG Insights at NEI Investments (Aviso Wealth)
“Lyndsey Zhang offers her unique experience…
Rosa Zeegers, Partner at Newport LLC.
“Lyndsey’s initiative & effort in enhancing the understanding…
Vivian Lin Thurston, CFA, Partner & Portfolio Manager at William Blair Investment Management
“Lyndsey has a talent of combining hard-core research…
Jerry Strub, CEO & Founder of Strategic Growth Consulting, Inc.