Economic Law Symposium. Volume 5

Author: Xu Jie, Editor-in-Chief
Publisher:
Publish Date: 2005-04-01
Features: Volume 5 of Economic Law Forum collects the latest academic research achievements in the field of economic law, including:
"Basic Theoretical Issues of Market Supervision Law" discusses the value of market supervision law and elaborates on its theoretical foundations from the perspectives of regulatory economics and economic law. It argues that market supervision law should be considered an independent part of economic law.
"Special Characteristics of Chinese Corporate Governance and Directions for Company Law Reform" identifies the unique internal control mechanisms of Chinese companies and the resulting corporate credit crisis as the special characteristics of Chinese corporate governance. This determines the specific approach to Chinese company law reform: capital regulation within the property rights protection framework provided by company law should be regarded as an important legal means or institutional arrangement for creditors and other stakeholders to intervene in or influence corporate governance.
"International Prospects for Competition Law Unification" introduces the trend of international cooperation in competition law and the prospects for WTO's unified competition policy against the backdrop of economic globalization. It discusses the impact of international unified competition policy on China and proposes our countermeasure as "Target Recognition, Internal and External Adaptation, and Active Research."
"On Current Capital Market Legislation in China" reviews the legislation related to China's capital market that has been issued in recent years and is currently in progress, and explores the next steps for research on capital market legislation.
"The Regulatory Model of China's Financial Industry and Financial Risk Control" examines three urgent legal issues that need to be addressed in China's financial industry: the rule-of-law-based regulatory model of the financial industry, the legal issues of asset management companies and non-performing loans, and the legal barriers to bank reform and the development of private banks.