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1 |
ID:
080497
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Publication |
2007.
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Summary/Abstract |
For emerging democracies, how to reach state-society equilibriums conducive to both democratization and effective governance has been a most challenging issue. Illustrating such a predicament, in present-day Taiwan a situation of 'divided government' has been widely regarded in the literature as implying frequent legislative-executive stalemate and ineffective governance. In this article, we argue that while power games among the three conventional branches of government - the executive, legislature, and judiciary - may continue to produce a governmental stalemate equilibrium, the entry of increasingly important media and interest group players into the policy-making arena in Taiwan has shown strong potential to make up for the institutional failing of divided government. Drawing on the adoption process of the 2001 Financial Holding Company Law, we examine the conditions under which effective governance can still be achieved in Taiwan. Our analysis shows that concerted media pressure can succeed in forcing Taiwan's major parties to jointly pursue beneficial legislation. The analysis also suggests that interest group involvement in Taiwanese policy-making does not necessarily lead to crippling 'regulatory capture' but, on the contrary, can entail welfare enhancing change
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2 |
ID:
080325
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3 |
ID:
153565
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Summary/Abstract |
This special volume attempts to enhance the understanding of a seemingly
paradoxical pair of patterns in contemporary Chinese politics,
namely, the resilience of the Communist regime and the robustness of
social autonomy. Th e papers, while contributing to the central theme
from different sectors/subfields, converge on the aspect where the
agencies of the Chinese state and the society interact and exert infl uence
on each other. Instead of simply giving away summaries and revealing
intricate findings, this introduction focuses on the overall scope and
shared analytical perspective of all the papers included, and the interlinkages
across them in order to facilitate the reading of the whole volume.
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4 |
ID:
080498
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Publication |
2007.
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Summary/Abstract |
This paper follows well publicised arguments in December 2004 between Gu Chujun, the controversial board chairman of the large Chinese refrigerator maker, Guangdong Kelon Electrical Holding Co, and Lang Xianping, a Hong Kong economics professor, over the drain on state assets resulting from the privatisation of state-owned enterprises. The Kelon affair triggered a nationwide public debate on further reform of state-owned enterprises (SOEs). The exchange of criticism continued after Gu Chujun was detained in the midst of a corporate scandal in August 2005. At the end of the debate, it was asserted by many observers that the Kelon case was a wake-up call to the Chinese authorities and that more aggressive and effective supervision of listed companies was urgently needed to ensure the appreciation of state assets. This article argues that the building of the institutions of corporate government, as a counterpart to the establishment of property rights institutions, has been a creative process within China-in-transition over the past two decades. Yet the Kelon affair reveals a series of accumulated difficulties with regard to corporate governance reform of Chinese publicly listed companies and its associated institutions. Corporate governance institution-building has been moulded, particularly since 1997 onwards, by the neo-classical apotheosis of unbridled meritocracy with private property rights and shareholder-oriented corporate governance mechanisms as its two poles. The analysis indicates that, as a result, corporate governance restructuring of Chinese publicly listed companies has become opaque with one-sided outcomes in favour of managers and local officials, and, as such, inevitably carries the seeds of its own destruction
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5 |
ID:
147670
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Summary/Abstract |
The understanding of Angkorian pre-state society has been greatly enhanced by an increase in archaeological investigation in recent years. From excavations conducted at Cambodian Iron Age sites we have evidence that attests to a transformative period characterised by increasing sociopolitical complexity, intensified inter- and trans-regional mercantile activity, differential access to resources, social conflict, technological transfer and developments in site morphology. Among the growing corpus of Iron Age sites excavated, Phum Lovea, on the periphery of Angkor, is uniquely placed to provide insight into increasing sociopolitical complexity in this area. The site is one of the few prehistoric moated settlements known in Cambodia and the only one to date to have been excavated. Excavation of the site has revealed an Iron Age agrarian settlement whose occupants engaged in trade and exchange networks, craft specialisation, metal production, and emergent water management strategies. These attributes can be seen as antecedent to the profound developments that characterise the first millennium CE polity centred on Angkor.
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6 |
ID:
079711
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7 |
ID:
076631
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