TY  - BOOK
AU  - Wenjia Yan
PY  - 2016
CY  - Berlin, Germany
PB  - Peter Lang Verlag
SN  - 0531-7312
SN  - 9783631700068
TI  - The Role of Representatives of Minority Shareholders in the System of Corporate Governance
T2  - In the Context of Corporate Governance in the US, EU and China
DO  - 10.3726/b10758
UR  - https://www.peterlang.com/document/1113692
N2  - Due to the global influence of the shareholder-centered model of the US, both China and the EU have taken more measures to protect minority shareholders. In this respect, the representation of minority shareholders on the board, in particular the system of cumulative voting which was originally designed by the US to protect minority shareholders, has become a frequently-discussed issue in China and the EU. This study of comparative law is based upon the comparison of the attitudes among the US, China and the EU towards cumulative voting. By analyzing some empirical investigations and massive literatures of American academics as the theoretical foundation, it tries to demonstrate whether the convergence of corporate governance towards the shareholder-centered model is inevitable.
KW  - Cumulative voting, Independent director, Related-party transaction, Long govenance, Business judgment, Hostile takeover
LA  - English
ER  -