Date of Award
5-2017
Document Type
Honors Thesis
Degree Name
Bachelor of Arts
Department
Accounting
Advisor/Committee Chair
Raymond Van Ness
Committee Member
Mark Hughes
Abstract
This thesis explores the significant differences between a Chinese corporation and an American corporation. Their corporate structures, governance, compensation packages, shareholder rights, information transparency, types of disclosure, and government support were assessed. The two similar public companies which were selected included Suning Commerce Group Co., Ltd., the Chinese firm and Best Buy Co., Inc. the American firm. The corporations were compared and contrasted and the advantages and disadvantages of each type of system were explored. A wide range of differences were discovered including the fact that the Chinese firm has two governing boards (Board of Directors and Supervisory Committee) and the American firm has only a board of directors. Further, the ownership in the Chinese firm of the CEO approached fifty percent whereas the American firm the CEO’s ownership was relatively minor.
Recommended Citation
Liao, Tianqi, "Exploring the Significant Differences between Chinese and U.S. Corporations" (2017). Accounting. 20.
https://scholarsarchive.library.albany.edu/honorscollege_accounting/20