[PDF] Foreign Solutions For Local Problems The Use Of Us Style Fiduciary Duties To Regulate Agreed Takeovers In China eBook

Author : Chao Xi
Publisher :
Page : 14 pages
File Size : 49,66 MB
Release : 2015
Category :
ISBN :

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The private sale of corporate control, or agreed takeover, of listed companies has been the primary form of control transaction in China. However such takeovers have in many cases presented an opportunity for the control buyer and seller to extract value from the company at the expense of the target company's non-insider minority shareholders. One key legal development that attempts to address this issue is the imposition of US-style fiduciary duties on both incumbent and new controllers. This article argues that placing controllers under fiduciary duties has largely failed to protect the minority shareholders of Chinese listed companies from the exploitation of both the seller and buyer of corporate control. The failure is partly due to the weakness of the requisite complementary legal institutions, and partly due to the absence of a supporting social context.

Author : Jiang Yu Wang
Publisher : Edward Elgar Publishing
Page : 407 pages
File Size : 38,82 MB
Release : 2014-04-25
Category : Law
ISBN : 1849805733

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This accessible book offer a comprehensive and critical introduction to the law on business organizations in the People�s Republic of China. The coverage focuses on the 2005-adopted PRC Company Law and the most recent legislative and regulatory develop

Author : Umakanth Varottil
Publisher : Cambridge University Press
Page : 545 pages
File Size : 49,76 MB
Release : 2017-10-26
Category : Business & Economics
ISBN : 1107195276

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Comparative Takeover Regulation compares the laws relating to takeovers in leading Asian economies and relates them to broader global developments. It is ideal for educational institutions that teach corporate law, corporate governance, and mergers and acquisitions, as well as for law firms, corporate counsel and other practitioners.

Author : Board of Governors of the Federal Reserve System
Publisher :
Page : 0 pages
File Size : 27,14 MB
Release : 2002
Category : Banks and Banking
ISBN : 9780894991967

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Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.

Author : Franklin Allen
Publisher :
Page : 140 pages
File Size : 30,72 MB
Release : 2015-11-18
Category : Business & Economics
ISBN : 9781680830606

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Provides a review of China's financial system and compares it to other financial systems. It reviews what has worked and what has not within the markets and intermediaries in China, the effects of the recent development of China's financial system on the economy, and a non-standard financial sector operating beyond the markets and banking sectors.

Author : Joseph P. H. Fan
Publisher : University of Chicago Press
Page : 401 pages
File Size : 34,83 MB
Release : 2013
Category : Business & Economics
ISBN : 0226237249

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La 4e de couverture indique : "Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist features disguise the profoundly unfamiliar foundations of "market socialism with Chinese characteristics." The Chinese Communist Party (CCP), by controlling the career advancement of all senior personnel in all regulatory agencies, all state-owned enterprises (SOEs), and virtually all major financial institutions state-owned enterprises (SOEs), and senior Party positions in all but the smallest non-SOE enterprises, retains sole possession of Lenin's Commanding Heights. The chapters in this volume examine China's high savings rate, banking system, financial markets, financial regulations, corporate governance, and public finances; and consider policy alternatives the CCP might consider if its goal is China's elevation into the ranks of high income countries."

Author : Andrew Szamosszegi
Publisher : Createspace Independent Publishing Platform
Page : 122 pages
File Size : 43,44 MB
Release : 2011-10-26
Category : Capitalism
ISBN : 9781475293258

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China's breathtaking economic growth, has often led observers to assume that the country's economic system has been transformed into a capitalist economy dominated by private enterprise. Although China's reliance on private enterprise and market-based incentives has been growing, and the CCP's treatment of private enterprises and entrepreneurs has been changing, it would be a mistake to minimize the current role of the State and the CCP in shaping economic outcomes in China and beyond. The Chinese government and state-owned enterprises (SOEs) remain potent economic forces. Indeed, some of China's SOEs are among the largest firms in China and the world. They are major investors in foreign countries. They have been involved in some of the largest initial public offerings in recent years and remain the controlling owners of many major firms listed on Chinese and foreign stock exchanges.

Author : World Bank Publications
Publisher : World Bank Publications
Page : 391 pages
File Size : 46,58 MB
Release : 2014-10-02
Category : Business & Economics
ISBN : 1464802297

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This Toolkit provides an overall framework with practical tools and information to help policymakers design and implement corporate governance reforms for state-owned enterprises. It concludes with guidance on managing the reform process, in particular how to prioritize and sequence reforms, build capacity, and engage with stakeholders.