O Chinese Firms need to adopt the Anglo-American Model and Can they adopt it?

a?The Anglo-American model of corporate governance is built on social and legal foundations that are very different from those in China. For that reason, we cannot expect Chinese firms to adopt the type of governance many western commentators think desirable.a? Discuss this.
Can Anglo-American Model performer well in China? Do Chinese Firms need to adopt the Anglo-American Model and Can they adopt it? You should notice that there are private enterprises and state-owned enterprises in China. Anglo-American Model is Diferent in Different kind of Firms.
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