Use this URL to cite or link to this record in EThOS:
Title: Corporate political connection and corporate governance : a Hong Kong study
Author: Yung, Kin Chung
ISNI:       0000 0004 2724 7644
Awarding Body: Lancaster University
Current Institution: Lancaster University
Date of Award: 2010
Availability of Full Text:
Access from EThOS:
The present study aims to investigate the political connection of corporations and the impact of such connection on corporate governance in Hong Kong. Corporate governance is important to Hong Kong, which positions itself as an international financial centre, and corporate political connection is a widely concerned issue bearing potentially significant impacts on corporate governance. However, rarely has local past research drawn a link between corporate political connection and corporate governance. It is hoped that through a detailed study of the topic, the current corporate governance problems incurred by the political connection of the business sector in Hong Kong can be better understood, managed, and resolved. It is also hoped that the research effort of this study can help to fill the gap of the existing literature. This study is both quantitative and qualitative. The quantitative analysis was conducted to test the various characteristics of politically connected companies as opposed to unconnected companies. The qualitative part of the analysis focused on three in-depth case studies based on documentary evidence from multiple sources. The two complementary analyses provided multi-perspective exploration into the topic. The statistical findings confirmed that more influential local companies in terms of scale, ownership mode and industry type are more connected with politics. The case studies revealed how local corporate governance has been adversely affected by increasing corporate political connection. While highlighting corporate governance problems brought about by corporate political connection, this study affirms the necessity of the connection from a cultural and political point of view. Political-legal mechanisms are recommended for monitoring government-corporate interactions to ensure that all corporate stakeholders and the society as a whole can benefit from a healthy and constructive corporate governance culture.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available