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2009

Corporate governance

Liying Tan

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Freedom Or Legal Restriction On Company Chart--Current Assessment And Suggestion For Improvements In The Prc Context, Liying Tan Feb 2009

Freedom Or Legal Restriction On Company Chart--Current Assessment And Suggestion For Improvements In The Prc Context, Liying Tan

Liying Tan

Abstract: With the economic reform underway for nearly 30 years and Chinese company law adopted for 14 years, it is an appropriate time to review and critically examine the current company Articles of association state of running in China to determine if there is a need for reform or improvement. Legislations respecting of Articles of association always help to enhance competition circumstance for companies. And greater competition of market would help to resolve the problem of ownership confusion in China where the capital markets are still underdeveloped and market competition is weak. Though company law of China is practically new, …