Statutory derivative actions in China and the UK: ten years on

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Abstract

The statutory derivative actions were introduced over ten years ago into China under the Chinese Company Law 2005 and into the United Kingdom under the Companies Act 2006. This paper conducts a comparative and empirical analysis of the development and effectiveness of statutory derivative actions in China and the UK. It also evaluates the rules on derivative actions in the Provisions of the Supreme People’s Court on Several Issues concerning the Application of the Company Law of the People's Republic of China IV, which became effective on 1st September 2017.
Original languageEnglish
Pages (from-to)28-38
Number of pages11
JournalThe Company Lawyer
Volume40
Issue number1
Publication statusPublished - 10 Oct 2018

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