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THE HARMONIZATION PRINCIPLE IN CORPORATE GOVERNANCE REFORM IN CHINA
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Journal Article
THE HARMONIZATION PRINCIPLE IN CORPORATE GOVERNANCE REFORM IN CHINA
2013
Overview
The agency theory has laid a foundation of knowledge for the review and design of corporate governance in large public corporations, but they are never exclusively symbiotic. Another insight to observe corporate governance is the adaptive efficiency demonstrated by the level of development of venture capital. Therefore, any proposal for corporate governance reform in large public corporations must be based on perspectives of both the agency theory and the adaptive efficiency theory, Otherwise,
