Derivative Actions in Chinese Company Law


This new book examines the current derivative law in China, and how it could be improved by comparing it with the relevant law in the United States and the United Kingdom. Derivative actions, which allow individual shareholders to sue controlling shareholders and managers on behalf of the company, are designed to deter and combat mismanagement. But the need to balance the interests of minority shareholders and corporate efficiency in a countrys company law demands legal crafting that is both of a high order and responsive to the countrys distinctive character, and solutions in this respect are quite different across jurisdictions. The author shows you why derivative actions in China need to be strengthened and improved, and how this woul

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