Guo, Li; Heng, Gilbert --- "Shareholder rights in China: from book to action" [2015] ELECD 828; in Hill, G. Jennifer; Thomas, S. Randall (eds), "Research Handbook on Shareholder Power" (Edward Elgar Publishing, 2015) 189

Book Title: Research Handbook on Shareholder Power

Editor(s): Hill, G. Jennifer; Thomas, S. Randall

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781782546849

Section: Chapter 9

Section Title: Shareholder rights in China: from book to action

Author(s): Guo, Li; Heng, Gilbert

Number of pages: 20

Abstract/Description:

The concept of shareholder protection in China is only recently becoming an issue for serious consideration. China’s rapid transition toward a market-based economy, coupled in part with increasing internationalization of capital markets and global convergences of business corporations and practices, has accelerated China’s learning curve and expedited the movement of its corporate laws toward those in developed Western countries. This chapter analyses the company laws protecting Chinese shareholders, evaluates the effectiveness of China’s corporate governance framework and concludes with a discussion on the importance of protecting the rights of minority shareholders, particularly in the context of China’s economy.