CHINA - The two-tier nature of Chinese company boards and the role of majority shareholders in electing independent directors that may be beholden to their electors are two major governance risk factors to minority shareholders invested in Chinese companies, according to a newly released research paper.
"Institutional investors are going to have to be more on the ball when it comes to voting their share in Hong Kong and China," said David Smith, RiskMetrics Group analyst and report author. In ...
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