Redesigning Ethical Standards and Good Governance to Improve State-owned Investment Companies in Fujian Province, China

The purpose of this study is to assess the ethical standards and good governance of Chinese government-funded investment companies in order to design and promote ethical standards and business ethics. The survey was conducted among selected companies in Fujian Province, China. The research hypothesis suggests that there are no significant differences in ethical standards and good governance among Chinese state-owned investment companies. This study used a mixed research methodology, combining quantitative and qualitative research elements to answer the research questions, and developed a standardized assessment tool - a self-built questionnaire. Over the years of operation, the companies in the sample were fairly evenly distributed across years, with no one category dominating, according to the findings. Companies should involve the public more in their operations. To strengthen governance, state-owned investment companies should be more open and the government less intrusive.