The Role of Representatives of Minority Shareholders in the System of Corporate Governance: In the Context of Corporate Governance in the US, EU and China

by Wenjia Yan

Overview

Due to the global influence of the shareholder-centered model of the US, both China and the EU have taken more measures to protect minority shareholders. In this respect, the representation of minority shareholders on the board, in particular the system of cumulative voting which was originally designed by the US to protect minority shareholders, has become a frequently-discussed issue in China and the EU. This study of comparative law is based upon the comparison of the attitudes among the US, China and the EU towards cumulative voting. By analyzing some empirical investigations and massive literatures of American academics as the theoretical foundation, it tries to demonstrate whether the convergence of corporate governance towards the shareholder-centered model is inevitable.

Product Details

ISBN-13:	9783631700051
Publisher:	Peter Lang GmbH, Internationaler Verlag der Wissenschaften
Publication date:	12/09/2016
Series:	Europaeische Hochschulschriften Recht , #5909
Edition description:	Multilingu
Pages:	176
Product dimensions:	5.83(w) x 8.27(h) x (d)

About the Author

Wenjia Yan studied Law and was awarded an LL.M. at the China University of Political Science and Law, Peking, and an LL.D. at the Faculty of Law of the University of Hamburg. Her research interests include Corporate Governance as well as Comparative Law.

Table of Contents

Corporate governance – Representatives of minority shareholders – Cumulative voting – Independent directors – Long governance – Related-party transactions – Business Judgment rule – Minority shareholders’ protection