A Grounded Theory Exposition of the Role of the Supervisory Board in China

Xiao, Jason Zezhong ORCID: https://orcid.org/0000-0003-0703-6447, Dahya, Jay and Lin, Zhijun 2004. A Grounded Theory Exposition of the Role of the Supervisory Board in China. British Journal of Management 15 (1) , pp. 39-55. 10.1111/j.1467-8551.2004.t01-1-00399.x

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Abstract

This paper reports the findings of an investigation, through a series of interviews, into the role of the supervisory board (SB) in Chinese listed companies. The interviews were conducted and analysed using the grounded theory methodology. It is found that the SB performs one of four roles under the Chinese corporate environment: an honoured guest, a friendly advisor, a censored watchdog or an independent watchdog. The role of the SB is dependent on a variety of factors: SB characteristics, power relations between the Board of Directors and the SB, shareholding structure, the influence of the Communist Party of China and government, the role of independent directors and the requirements of the corporate law.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Publisher:	Wiley Blackwell
ISSN:	1045-3172
Last Modified:	21 Oct 2022 09:55
URI:	https://orca.cardiff.ac.uk/id/eprint/38295

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