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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...
Persistent link: https://www.econbiz.de/10014199224
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...
Persistent link: https://www.econbiz.de/10014204486
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...
Persistent link: https://www.econbiz.de/10014142096
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...
Persistent link: https://www.econbiz.de/10013030701
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In the last few decades, China has transplanted a number of commercial laws from the West. However, without active enforcement of the laws, the Chinese economy in the mid to longer term is unlikely to benefits from the pledges of the new laws. This is not to say hefty number of prosecutions and...
Persistent link: https://www.econbiz.de/10013077937
Competition law is generally enacted to control and influence certain business conduct deemed harmful to the smooth functioning of a competitive market. This is usually a by product of deregulation and opening up of markets to competition, as market forces alone might not be able to ensure...
Persistent link: https://www.econbiz.de/10014207041