Law
German and Asian Perspectives on Company Law
Law and Policy Perspectives
Ed. by Holger Fleischer, Hideki Kanda, Kon Sik Kim and Peter Mülbert
[Perspektiven des Gesellschaftsrechts in Deutschland und Asien.]
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ISBN 978-3-16-155026-3
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Published in English.
This volume is based on presentations delivered at a symposium held in May 2015 at the Max Planck Institute for Comparative and International Private Law in Hamburg. It seeks to reinvigorate the scholarly exchange which can be traced back to the late 19th century between company law academics in Germany, China, Japan and South Korea. Contributions from all four jurisdictions include papers on directors' liability and capital maintenance as well as studies of the role of shareholders in public companies and the regulation of groups of companies.Survey of contents
IntroductionHideki Kanda: A Brief Guide to Japanese Company Law – Holger Fleischer: A Guide to German Company Law for International Lawyers. Distinctive Features, Particularities, Idiosyncrasies
I. Directors' Liability
Kenichi Osugi: Directors' Liability and Enforcement Mechanisms in Japan – Kyung-Hoon Chun: Corporate Opportunity Doctrine as a Basis for Directors' Liability. A New Statutory Experiment in Korea – Jianbo Lou: Ordinary Corporate Conduct Standard vs. Business Judgment Rule. A Review of Case Rulings by Beijing Courts between 2005 and 2014 – Hans Christoph Grigoleit: Directors' Liability and Enforcement Mechanisms from the German Perspective. General Structure and Key Issues
II. Capital Maintenance
Gen Goto: Legal Capital in Japan and the Influence of German Law – Andreas Cahn: Capital Maintenance – Ruoying Chen: From Legal Capital to Subscribed Capital. Capital Rule in China and its Economic Background
III. The Role of Shareholders
Gerald Spindler: The Role of Shareholders in Public Companies – Kon-Sik Kim/Moon-Hee Choi: Declining Relevance of Lawsuits on the Validity of Shareholder Resolution in Korea. A Comparative Essay – Hiroyuki Kansaku: The Role of Shareholders in Public Companies
IV. Groups of Companies
Junhai Liu: Regulation of Corporate Groups in China – Hyeok-Joon Rho: Corporate Groups in Korea. Reconciliation of Individualism with Collectivism – Eiji Takahashi: Recht und Wirklichkeit der verbundenen Unternehmen in Japan – Katja Langenbucher: Do We Need a Law of Corporate Groups?