Tung Chung-Shu (179-104B.C.) synthesized the works of Confucius and Mencius to come up with a blueprint for the creation of civil society based on hierarchical order and moral cultivation, known as ‘San Gang Wu Chang’. ‘San Gang’ refers to the obligations attached to three key...

Much has been said about the convergence of corporate governance and regulations. The underlying assumptions of this phenomenon are driven by globalisation and the dominance of the Anglo-US model of corporate governance. Since the Asian crisis in 1997, Hong Kong and perhaps to a less extend...

The explanatory value of ethics and ethical behaviour underpinning recent compliance events in China is a topic deserving of careful consideration. Searching for reasons why compliance events take place, while cognitive, could also involve a perceptual “feel”, or an attributional response. A...

China is now an economic superpower. However, the sustainability of this Chinese economic miracle rests upon good governance buoyed by the rule of law. Whilst the notion of the rule of law is a complex subject matter, the ability to bring about a social order backed by laws under an integrated...

Alibaba's failed bid to list on the Hong Kong Stock Exchange (HKEx) made newspaper headlines because it would have been the largest listing in the territory by far. Whilst the merits and demerits of dual class structure boil down to the choice of what shareholders want, it is a departure from...

This article critically engages the international debate on regulatory approaches to corporate creditor protection. It analyses recent reforms to the PRC Company Law in 2014, which removed minimum capital requirements for most limited liability companies in China. Using Chinese court cases, the...