Minority Shareholder Protection in Chinas Top 100 Listed Companies
Andrews, Neil and Tomasic, Roman (2007) Minority Shareholder Protection in Chinas Top 100 Listed Companies. The Australian Journal of Asian Law, 9 (1). pp. 88-119. ISSN 1443-0738Full text for this resource is not available from the Research Repository.
It has been argued that the legal environment for the protection of minority shareholders is important in determining the strength of a country’s capital markets. In China, the protection of minority shareholders is officially regarded as a major regulatory objective, especially as regards Chinese stock exchange listed companies. In practice, the position of minority shareholders in these companies is not well protected, suggesting that economic development and investment in listed companies do not fit neatly with expectations created by leading law and development theorists. This article reports on findings from an empirically based study of corporate governance in China’s top 100 listed companies that examined a broad range of corporate governance issues, including the problem of minority shareholder protection. Major challenges to achieving better protection for minority shareholders in large Chinese companies emerged from this research.
|Uncontrolled Keywords:||ResPubID14096, minority shareholder protection, stockholders -- legal status -- China, minority stockholders -- legal status, business enterprises -- law and legislation -- China, corporate governance -- China|
|Subjects:||SEO Classification > 9404 Justice and the Law
FOR Classification > 1502 Banking, Finance and Investment
Faculty/School/Research Centre/Department > School of Law
FOR Classification > 1801 Law
|Date Deposited:||07 May 2012 00:15|
|Last Modified:||07 May 2012 00:15|
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