Corporate Governance in China and India
Indian companies aspiring to become world-spanning multinationals demonstrate better corporate governance than their Chinese rivals, says Tarun Khanna, a professor at Harvard Business School and author of a new book, Billions of Entrepreneurs: How China and India Are Reshaping Their Future and Yours. But Chinese companies may not need world-class governance to emerge as fierce competitors, says Khanna. Here are edited excerpts from a recent conversation:
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