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Full-Text Articles in Law
Puzzles In Controlling Shareholder Regimes And China: Shareholder Primacy And (Quasi) Monopoly, Sang Yop Kang
Puzzles In Controlling Shareholder Regimes And China: Shareholder Primacy And (Quasi) Monopoly, Sang Yop Kang
Sang Yop Kang
Professor Mark Roe explained that the shareholder wealth maximization norm (“the norm”) is not fit for a country with a (quasi) monopoly, because the norm encourages managers to maximize monopoly rents, to the detriment of the national economy. This Article provides new findings and counter-intuitive arguments as to the tension created by the norm and (quasi) monopoly by exploring three key corporate governance concepts that Roe did not examine—(1) “controlling minority structure” (CMS), where dominant shareholders hold a fractional ownership in their controlled-corporations, (2) “tunneling” (i.e., illicit transfer of corporate wealth to controlling shareholders), and (3) Chinese state-owned enterprises (SOEs). …
Perceptions And Reality: The Enforcement Of Foreign Arbitral Awards In China, Julian Ku, Roger Alford, Bei Xiao
Perceptions And Reality: The Enforcement Of Foreign Arbitral Awards In China, Julian Ku, Roger Alford, Bei Xiao
Julian Ku
This Article represents the most recent comprehensive effort to assess China’s record in the enforcement of arbitration awards issued outside of China. This Article fills two gaps in academic literature on China’s treatment of foreign arbitral awards. First, unlike studies that rely mainly on anecdotal evidence, this study reviews and analyzes the reasoning of leading Chinese judicial opinions interpreting and applying China’s obligations under the New York Convention. Second, unlike prior empirical studies of Chinese courts’ enforcement rates, this study also surveys global arbitration practitioners to find out information about their experiences enforcing foreign arbitral awards in China. The Article …
Avenues To Foreign Investment In China’S Shipping Industry—Have Lease Financing Arrangements And The Free Trade Zones Opened Markets For Foreign Non-Bank Investment?, Rick Beaumont
Rick Beaumont
No abstract provided.
The Proposed Inheritance Tax And Its Impact On China's Economy, Michael Steve
The Proposed Inheritance Tax And Its Impact On China's Economy, Michael Steve
Michael Steve
No abstract provided.
Constitutional Interpretation In Law-Making: China’S Invisible Constitutional Enforcement Mechanism, Tom Ginsburg, Yan Lin
Constitutional Interpretation In Law-Making: China’S Invisible Constitutional Enforcement Mechanism, Tom Ginsburg, Yan Lin
Tom Ginsburg
Abstract: It is conventional wisdom that China’s Constitution is unenforceable, and plays little role in China’s legal system, other than as a symbolic document. This view rests on the fact that the Supreme Court has no power to interpret the Constitution. The formal body with interpretive power, the Standing Committee of the National People’s Congress, has never issued an official interpretation. Despite this apparent lack of enforcement, we argue that China’s Constitution indeed plays an increasingly important role within the party-state. It does through not through the courts but through the legislative process, in which formal requirements of constitutional review …
Expert Seminar The Employment Relationship Beyond Eu And Across National Borders - Challenges And Responses Tuesday 11 March 2014, 09.15-16.00, Michele Faioli
Expert Seminar The Employment Relationship Beyond Eu And Across National Borders - Challenges And Responses Tuesday 11 March 2014, 09.15-16.00, Michele Faioli
Michele Faioli
No abstract provided.
More Market-Oriented Than U.S. And More Socialist Than China: A Comparative Public Property Story Of Singapore, Jianlin Chen, Jiongzhe Cui
More Market-Oriented Than U.S. And More Socialist Than China: A Comparative Public Property Story Of Singapore, Jianlin Chen, Jiongzhe Cui
Jianlin Chen
Compared to the more illustrious conceptualization of private property, the conceptualiza-tion of public property remains at a surprisingly infantile stage. The very definition of public property is ambiguous. This article utilizes a comparative case study of traffic congestion policies in the United States, China, and Singapore to highlight the conceptual pitfalls posed by the current confusion on public property. This article proposes a refined public property framework that offers greater conceptual clarity on the real issues at stake. In particular, this article argues that “property” in public property should include regulatory permits while “public” in public property should not be …
Challenges In Designing Public Procurement Linkages: The Case Study Of Smes Preference In China’S Government Procurement, Jianlin Chen
Challenges In Designing Public Procurement Linkages: The Case Study Of Smes Preference In China’S Government Procurement, Jianlin Chen
Jianlin Chen
Preferential treatment in government procurement, also known as procurement linkages, is a con-troversial yet popular tool to achieve socio-economic goals, most importantly, affirmative action for certain targeted groups. This Article utilizes the recently enacted small-medium enterprise (“SME”) procurement linkages in China to examine the pitfalls in the design of procurement linkages. Two major deficiencies of the Chinese regime impede effective implementation of procurement linkages. First, loopholes in the Chinese regulatory regime allow large enterprises to usurp the benefits meant for SMEs through the use of wholly owned subsidiaries and other corporate arrangements. Second, aggrieved suppliers face stringent procedural requirements and …
Property Rights Arrangement In Emerging Natural Resources: A Case Study Of China’S Nationalization Of Wind And Sunlight, Jianlin Chen, Jiongzhe Cui
Property Rights Arrangement In Emerging Natural Resources: A Case Study Of China’S Nationalization Of Wind And Sunlight, Jianlin Chen, Jiongzhe Cui
Jianlin Chen
The passage of the Heilongjiang Province Regulation on Climate Resources Survey and Protection (the “Regulation”) that regulates wind and solar energy generation sparked a public furor because it contains a provision that stipulates, “climate resources are owned by the state.” As a case study of this regulatory attempt to manage emerging natural resources, this Article makes the following three arguments. First, the “nationalization” provision in the Regulation is legally compatible with Chinese law that conceives of public property as state-owned property and not as property that requires public access. Second, a clear designation of the state as the manager of …
授予法理下的公共财产保护：新加坡实践经验的借鉴 [Safeguarding Public Property Under Givings Jurisprudence: A Comparative Study Of Singapore And China], Jianlin Chen, Jiongzhe Cui
授予法理下的公共财产保护：新加坡实践经验的借鉴 [Safeguarding Public Property Under Givings Jurisprudence: A Comparative Study Of Singapore And China], Jianlin Chen, Jiongzhe Cui
Jianlin Chen
与美国仅仅强调私人财产权利不同，中国同时重视公共财产与私人财产两方面的保护。然而目前中国的理论界没有对政府处理公共财产的不同行为之间的细微差别进行深入地观察与区分，进而忽视了这些行为有可能潜在地将公共财产转移给私人的事实。授予法理(givings jurisprudence)有助于分析中国现行公共财产保护制度的优点与不足。通过展示如何在授予法理下有效地保护公共财产，新加坡的实践经验可以为我们提供一个很好的研究范例。 In contrast with the emphasis of private property protection in the United States, public property protection featured prominently in China’s communist-influenced legal discourse. However, Chinese academics and scholars have thus far failed to appreciate the nuanced nature of the different types of government actions and their potential of creating/distributing private wealth. This article utilizes the case study of Singapore to demonstrate how the givings jurisprudence (i.e. the emphasis of ensuring beneficiaries of government actions pay fair value of the benefits received) constitute a critical pillar in the protection of public property.
China In Context: Energy, Water, And Climate Cooperation, Prof. Elizabeth Burleson
China In Context: Energy, Water, And Climate Cooperation, Prof. Elizabeth Burleson
Prof. Elizabeth Burleson
Climate resilient communities can be achieved with the support of global research, development, deployment, and diffusion of environmentally sound low GHG emission technologies and processes. Technology cooperation should lower emissions remaining mindful of biodiversity, ecosystem services and livelihoods. China and the United States need to respond effectively to both economic and climate crises and can do so in part by cooperating on environmentally sound technology that transforms the global use of energy.
Colpa E Legge Fra Oriente E Occidente, Pier Giuseppe Monateri
Colpa E Legge Fra Oriente E Occidente, Pier Giuseppe Monateri
Pier Giuseppe Monateri
The Fault and the Law between East and West. In this article Monateri traces an unpreviewed parallel between two absolutely western paradigms and two remarkably chinese thoughts. First a parallel between Carl Schmitt and Xun Zi when the latter writes that “The superior man is the source of the Law” Secondo economic analysis and Lao Zi theory of law a san emerging order not a predetermined one.
新加坡En-Bloc 程序与我国拆迁制度的立法完善, Jianlin Chen, Jiongzhe Cui
新加坡En-Bloc 程序与我国拆迁制度的立法完善, Jianlin Chen, Jiongzhe Cui
Jianlin Chen
本文从政府授予的角度出发,强调解决征地问题应更着重确保私人发展商无法从征地过程获取暴利而非单单加强私人财产权的保护,对中国和新加坡两国征用权的行使这个争议颇多的问题进行了比较性研究,旨在提出一个新模式,为被拆迁居民争取更多的补偿并消除私人开发商为一己私利而在拆迁过程中滥用权利的动机。
The Paradox Of Social Instability In China And The Role Of The Xinfang System, Matthew Adam Bruckner
The Paradox Of Social Instability In China And The Role Of The Xinfang System, Matthew Adam Bruckner
Matthew Adam Bruckner
No abstract provided.
中国和新加坡一人公司:公司人格制度视角下的比较研究, Jianlin Chen, Rongjing Zhao
中国和新加坡一人公司:公司人格制度视角下的比较研究, Jianlin Chen, Rongjing Zhao
Jianlin Chen
中国和新加坡承认一人公司制度的时间和背景非常相似，然而中国的公司法制度下，一人公司被赋予明显区别于非一人公司的特殊制度安排，这与新加坡将两者之间的差别淡化处理的做法完全不同。在全球一体化的影响下，两大法系互相吸收融合的现象非常普遍。相比老牌英德等代表性国家，近年来新兴确立一人公司制度的中国和新加坡受法系融合影响尚小，可以更加清晰地体现两大法系的法人人格理论区别何在。本文通过对中国与新加坡一人公司制度的实体法规定，立法背景和法理依据进行分别研究，旨在比较理论和实务中两种制度安排的优势和弊端，取长补短，以此为一人公司制度的完善寻求新的法律途径。
股权分置改革中的行政授予与补偿协商:公法与私法的融合, Wen-Yeu Wang, Jianlin Chen
股权分置改革中的行政授予与补偿协商:公法与私法的融合, Wen-Yeu Wang, Jianlin Chen
Jianlin Chen
中国的股权分置改革一方面要使非流通股股东取得流通权,另一方面也要让流通股股东获得合理补偿以求改革能够稳定推进. 传统观点下的契约理论和行政征收理论并不能适切解释中国的股权分置改革方案. 在公,私法融合背景下,美国学者新近提出的行政授予 (regulatory givings)学说，可与大陆法上的行政行为附款理论相互协力，为改革方案提供正当性基础。改革中采用财产法则而非补偿法则保障流通股股东的权益，实属符合经济效率之举. 然而，本方案仍有诸多值得改进之处.