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The article conducts a critical analysis of the newly introduced statutory derivative action in China and then makes relevant recommendations for reform. The introduction of derivative actions is a major development in Chinese company legislation. In general, the provisions have established a...
Persistent link: https://www.econbiz.de/10014216268
Persistent link: https://www.econbiz.de/10013033897
This paper presents the results of a comprehensive empirical study on China's derivative suits as introduced in the 2005 Company Law reform that provides insight into the way Chinese courts have interpreted and applied this remedy. It is found that the statutory regime appears to have had a...
Persistent link: https://www.econbiz.de/10013036546