Doctoral thesis of Philosophy: Corporate governance of Chinese fund management companies

This thesis contributes to the existing literature in the following ways: First, presenting a systematic study with empirical evidence on the functioning and quality of corporate governance and its impact under the contractual form of FMC. Second, this research represents a step forward from the extant studies focusing on how board characteristics and composition in fund companies by investigating a wider range of relevant governance mechanisms that affect board effectiveness which other studies have not attempted. Third, applying corporate governance scores to proxy for the overall corporate governance quality of FMC, this thesis is a first study to investigate the link between the governance rating and FMC performance.