"China has changed dramatically since the first edition of Doing Business in China was published in 2000, but the second, third and now this fourth edition have kept pace with the rapid developments. China is now far more international but the fundamental business culture has not altered...

All over the world, companies play an important role in the economy. Different types of stakeholders hold the reins in these companies. An important class are the shareholders that finance the activities of these companies. In return, stakeholders have a say on how these companies should be...

The private sale of corporate control, or agreed takeover, of listed companies has been the primary form of control transactions 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 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...

The rise of institutional investor activism is changing the corporate governance landscape in China, as it has in the US, UK and a few other economies. The article examines the legal and regulatory environments in which Chinese financial institutions act as shareholders and participate in the...

An ongoing debate in comparative corporate governance has been on what specific corporate governance arrangements matter in the governance of pubic firms worldwide. In this debate, the role of cumulative voting has attracted increasing attention. Using a unique, hand-collected dataset of formal...

This article examines the development of the doctrine of piercing the corporate veil in China, which culminated in the codification of the doctrine in China's 2005 revised Company Law. It argues that the statutory veil-piercing provision, characterized by vagueness and abstraction, is in part a...