posted on 2024-07-09, 17:50authored byJudith Oliver, Wen Qu, Victoria Wise
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.