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The Practical Issues of Corporate Governance in China and Shareholder Meeting Centrism

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Analysis reveals shareholder meeting centrism can enhance corporate governance in China, indicating legislative reforms are needed.

Improving shareholder meeting centrism may strengthen corporate governance in China, addressing disconnection in legal norms.
The concentrated shareholding structure complicates company management, with major shareholders wielding substantial control.
Legislation should clarify responsibilities of actual controllers to enhance accountability in company operations.
Establishing effective internal supervision could enhance compliance with governance norms and promote legal adherence.

Qingshe Wang (2025) studied this question.

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