Corporate governance has become one of the most important issues on the business agenda, with incalculable political and social consequences both domestically and globally. The corporate objective, or for whose interests should a company be run, remains the fundamental question at the heart of corporate governance.

This book explores different approaches to the corporate objective and then goes on to discuss these approaches in the context of China due to its importance in the global economic and political arena. The book puts forward a comparative study of shareholder rights in the...