Work

A Grounded Theory Exposition of the Role of the Supervisory Board in China*

Year: 2004
Type: article
Abstract: This paper reports the findings of an investigation, through a series of interviews, into the role of the supervisory board (SB) in Chinese listed companies. The interviews were conducted and analysed using the grounded theory methodology. It is found that the SB performs one of four roles under the Chinese corporate environment: an honoured guest, a friendly advisor, a censored watchdog or an independent watchdog. The role of the SB is dependent on a variety of factors: SB characteristics, power relations between the Board of Directors and the SB, shareholding structure, the influence of the Communist Party of China and government, the role of independent directors and the requirements of the corporate law.
Language: English
Subfield: Accounting
Open Access status: bronze
OpenAlex ID: W2012370799
FWCI: 7.377
Cites: 23
Cited by: 139
Related to: 10