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Even though China has no rule of law tradition, it has been making rapid progress - since 1978 when the policy of opening-up was adopted - in setting up a legal system that is supportive of a market economy. This paper contains a comprehensive overview of legal reforms in China. Section 2...
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Focusing on the bribery scandal plaguing global healthcare giant GlaxoSmithKline LLC (GSK), this manuscript documents and offers proposals to redress the myriad of harms caused when multinational corporations (MNCs) accept bribery as an unspoken cost of doing business in connected societies....
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Corporate governance has become a globally debated topic. As multinational corporations enter new global markets, complications abound due to the myriad of corporate governance rules existing among the various legal systems. One example of a new market becoming more available to American...
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This paper has examined the regulatory framework of corporate groups doing business in China. It is clear that although China has not codified corporate groups in a separate chapter or statute, corporate groups are still protected and regulated by different legal branches, including but not...
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Although the Internet and E-commerce revolutions have clearly taken hold in the United States and Europe, the Chinese culture has been slow to adopt the Internet as a marketplace. The Authors cite a lack of trust on the part of both potential consumers and potential merchants as the primary...
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