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FMC in China

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  • 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.

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