Institutional Innovation of the New Company Law: Legislative Controversies and Interpretive Difficulties

Author: Liu Junhai
Publisher:
Publish Date: 2006-11-01
Features: On October 27, 2005, the 18th session of the Standing Committee of the 10th National People's Congress passed the "Company Law of the People's Republic of China," which not only represents a major breakthrough in traditional company law theory but also is a market-oriented company law that encourages corporate autonomy, a normative company law for optimizing corporate governance, and a malleable company law. As an expert in company law, the author combines his academic achievements from years of research on company law reforms with his participation in the revision of the new "Company Law of 2005" to conduct an in-depth analysis and authoritative interpretation of the institutional innovations of the new "Company Law" in terms of contentious legislative issues and operational difficulties at the legislative level, such as the contribution system, one-person companies, the rights and obligations of shareholders, shareholder litigation, shareholder qualification confirmation systems, equity transfer systems, as well as corporate social responsibility, corporate winding-up systems, and other aspects. To enhance the academic rigor, authority, and practicality of the book, the author has incorporated the content of the clarifications and solutions provided during his numerous invited speeches on the new "Company Law" to businesses, lawyers, courts, and government departments into the book. This book is suitable for judges, lawyers, investors, corporate executives, company registration authorities, securities regulatory agencies, and staff from relevant departments.