China’s path towards sustainable governance
Corporate governance in China has come a long way – from the focus on state-owned enterprises to the adoption of Chinese company law. It might be possible that two developments will permanently change corporate governance for companies operating in China: The Corporate Social Credit System (CSCS) and Environmental Social Governance (ESG). In a newly published article at Weblaw, Sabine Neuhaus describes the framework of corporate governance in China, summarises the core functions of the CSCS and the rise of ESG in China, and analyses how this will affect the corporate governance of companies operating in China in the future.
Find the article here.