This article reviews the case law, statutes, and long-awaited public consultation paper on adverse possession (the “Consultation Paper”) published by the Hong Kong Law Reform Commission in 2012, in order to identify a suitable model for adverse possession reforms. This article employs a...

Self-executing smart contract is believed to revolutionize global procurement by eliminating payment delay and enhancing transaction efficiency. This paper studies the value of smart contract in global procurement, and how the tariff regulations (specific tariff and ad valorem tariff) would...

Using U.S.-listed Chinese firms as the setting, this paper studies a novel channel through which investors can acquire information about firms' financial reporting quality, that is, the reports published voluntarily by short sellers. I find that short sellers tend to target firms that have...

China, as a transitional economy, meets its challenges by devising private law reforms while considering their potential conflict with prevailing cultural orientations and institutional settings. The academic discourse shows the multiple benefits that homeowner associations (HOAs) can offer....

Using data on shareholder-initiated class action lawsuits in the US, I investigate the corporate scandals of US-listed foreign firms. The shareholders of scandal firms suffer considerable loss in both the short term and the long term. I document that firms domiciled in countries with weak...

To ensure the imported vaccines’ high quality, many countries such as Canada, the UK and China require the imported vaccine provider to cooperate with an exclusive domestic agent for vaccine sales. In this paper, we examine the role of promised-deliver-time (PDT) for the transport of vaccines...

Motivated by dual sales channel operations in cross-border e-commerce, we analyze an e-tailer's strategic waiting decision for channel disruption information in a global supply chain. The e-tailer operates two sales channels: a bonded-warehouse channel with products pre-stocked before channel...

We study the market for independent directors within a demand-supply framework. Consistent with prior research, we first show that, despite the unambiguous increase in the demand for independent directors since 2000 because of new governance reforms, independent directors have reduced their...

This article investigates the development of private property law in the People's Republic of China through the lens of condominium governance in urban China. It assesses the vitality of these trends, reviews the relevant historic legal and social background, and demonstrates how the...

This article aims to provide a general understanding of Chinese property registration system combining an institutional analysis with a selected case study. By conducting a case study, it attempts to assess the extent to which the property registration system is considered appropriate and...