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Law and Political Economy in China

The Role of Law in Corporate Governance and Market Growth

Tamar Groswald Ozery author

Format:Hardback

Publisher:Cambridge University Press

Published:24th Aug '23

Currently unavailable, and unfortunately no date known when it will be back

Law and Political Economy in China cover

Combines law and political economy as a novel analytical framework to deconstruct China's market development and corporate evolution since 1978.

Applying a novel theoretical approach, Tamar Groswald Ozery combines law and political economy to deconstruct the role of law in China's market development since 1978. With a vast range of primary sources, Ozery examines the complex, entwined relationships between law, politics and economics to explain corporate development and governance in China.Applying a novel theoretical approach, Tamar Groswald Ozery combines law and political economy to deconstruct the role of law in China's market development since 1978. The book examines how economic and administrative powers within China's Party-state system have been legally and politically configured throughout China's growth process. Using a vast range of primary sources, Ozery illuminates how the law acts as a mediating institution that translates and gives shape to the relations between politics and economics. Using the evolution of public firms and corporate governance as a case study, the book illustrates the complex relationships between law, politics, and economic development, and sheds new light on the possible varieties of growth-supporting governance institutions in firms. By studying China's distinct market experience through the lens of law and political economy, the book offers a significant contribution to development studies, comparative corporate governance, and interdisciplinary discussions about China as a growth model.

'What is the role of law in the dramatic development of Chinese firms and Chinese capital markets in the last decades? Tamar Groswald Ozery explores this critical question by skillfully examining numerous corporate law reforms in China in view of its unique political context. The result is a remarkable book that offers a goldmine of information on Chinese corporate governance, a fascinating account of the different functions of corporate law in China's autocratic party-state system, and new lenses for understanding the relationship between law and development.' Mariana Pargendler, Professor of Law at Fundação Getulio Vargas Law School in São Paulo
'Groswald Ozery's focus on political power dynamics in China's legal system offers fresh insights into how law has simultaneously enhanced the state's capacity as a market regulator and, crucially, elevated the Party's direct agency in the market. Law and Political Economy in Corporate China is an important contribution to our understanding of China's capital market development.' Curtis J. Milhaupt,, William F. Baxter – Visa International Professor of Law, Stanford Law School

ISBN: 9781009158244

Dimensions: unknown

Weight: unknown

304 pages