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Corporate Governance: A Discussion on Minority Shareholder Protection in China
Author(s) -
Judith Oliver,
Wen Guang Qu,
Victoria Wise
Publication year - 2014
Publication title -
international journal of economics and finance
Language(s) - English
Resource type - Journals
eISSN - 1916-9728
pISSN - 1916-971X
DOI - 10.5539/ijef.v6n3p111
Subject(s) - shareholder , enforcement , corporate governance , china , agency (philosophy) , business , interest group , accounting , law and economics , economics , finance , law , political science , politics , sociology , social science
This research paper discusses the agency problems derived from the ownership structure in Chinese listed firms and their implications to minority interest group protection in China. It analyses the regulatory framework for minority interest protection and role played by various regulatory agencies in the protecting the economic interest of minority interest in the Chinese listed firms. The paper concludes that in the emerging economy with its weak legal system to protect minority interests, judicial enforcement can be substituted by strong regulations

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