The Party vs. shareholders: What drives corporate governance in China?


February 22, 2023, 11:00 AM to 12:00 PM EST
Virtual Event
Nicolas Véron (PIIE), Curtis J. Milhaupt (Stanford Law School) and Tianlei Huang (PIIE)

Event Summary

The Chinese Communist Party (CCP) influences, in one way or another, the governance of every organization in the country and is without equivalent in any other major economy. Its hand, felt with varying grip across Chinese industries, state-owned enterprises, and private sector firms, intersects and interacts with international mechanisms of corporate governance in unique ways. This session will explore the CCP’s role in China’s business landscape and its recent evolution.

Joining this episode of Financial Statements were:


Nicolas Véron
Senior Fellow, Peterson Institute for International Economics (PIIE)


Curtis J. Milhaupt
William F. Baxter-Visa International Professor of Law, Stanford Law School

Tianlei Huang
Research Fellow and China Program Coordinator, PIIE



About This Series

Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.