I. INTRODUCTION Derivative action was introduced into the Chinese Company Law for the very first time during the revision process in 2005. Some scholars have argued that derivative action was actually permitted under ...I. INTRODUCTION Derivative action was introduced into the Chinese Company Law for the very first time during the revision process in 2005. Some scholars have argued that derivative action was actually permitted under the Chinese Company Law of 1993 because article 111 of the Chinese Company Law of 1993 provided that shareholders have the right to raise a suit when directors violate the law.1 However, main stream scholars object to this view and assert that this article was only intended for shareholders1 personal actions in joint stock companies.展开更多
基金National Social Science Funding Project (17CFX072)Southwest University of Political Science and Law 2018 Key Projects and the 19th Special Project (2017).
文摘I. INTRODUCTION Derivative action was introduced into the Chinese Company Law for the very first time during the revision process in 2005. Some scholars have argued that derivative action was actually permitted under the Chinese Company Law of 1993 because article 111 of the Chinese Company Law of 1993 provided that shareholders have the right to raise a suit when directors violate the law.1 However, main stream scholars object to this view and assert that this article was only intended for shareholders1 personal actions in joint stock companies.