The Derivative Action in Asia

In-depth analysis of the derivative action in Asia – a critical part of Asian corporate law and governance.

This comparative examination of the derivative action in Asia explores its function, history and practical application in seven jurisdictions. The analysis by leading corporate law scholars of one of the most important corporate governance mechanisms in Asia will benefit corporate lawyers, business executives and corporate law and governance scholars.This in-depth comparative examination of the derivative action in Asia provides a framework for analysing its function, history and practical application and examines in detail how derivative actions law works in practice in seven important Asian jurisdictions (China, Hong Kong, India, Japan, Korea, Taiwan and Singapore). These case studies allow an evaluation of a number of the leading Western comparative corporate law and governance theories which have come to define the field over the last decade. By debunking some of these critically important theories, this book lays the foundation for an accurate understanding of the derivative action in Asia and a re-examination of the regulation of the derivative action around the world.