Essay: Hierarchical Management System of Chinese Companies

Sample Essay

Most of the Chinese companies are controlled by the Government, who is playing a very important role in the M&A decisions of these companies. However, the real owners of the Chinese companies are the Chinese people. Government is not the owner but the ultimate agent of Chinese people and it does not have the residual claims (Clarke, 2003).

In the hierarchical management system of Chinese companies, there are complicated agency problems and distribution of power, which will make the M&A practices of Chinese companies differ from those of western companies. It is necessary to study the special M&A practices of Chinese companies. On the other hand, with the rapid development of Chinese economy, China as well as Chinese companies is playing increasingly important roles in the international market. It is important to understand the practices of Chinese companies as well.

Please go to the order form to order essays, research papers, term papers, thesis, dissertation, case study, assignments on this essay topic.