{"id":"https://openalex.org/W86621839","doi":"https://doi.org/10.7916/cjal.v11i1.3167","title":"China\u2019s Company Law: One Step Forward, Two Steps Back\u2013A Modest Complaint","display_name":"China\u2019s Company Law: One Step Forward, Two Steps Back\u2013A Modest Complaint","publication_year":2019,"publication_date":"2019-08-14","ids":{"openalex":"https://openalex.org/W86621839","doi":"https://doi.org/10.7916/cjal.v11i1.3167","mag":"86621839"},"language":"en","primary_location":{"id":"pmh:oai:ojs.cu.submissions:article/3167","doi":null,"is_oa":true,"landing_page_url":"https://journals.library.columbia.edu/index.php/index/article/view/3167","pdf_url":null,"source":{"id":"https://openalex.org/S2764513944","display_name":"Columbia Journal of Asian Law","issn_l":"1094-8449","issn":["1094-8449","2373-0498"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["abdc-a"],"host_organization":"https://openalex.org/P4310320308","host_organization_name":"Columbia University Libraries","host_organization_lineage":["https://openalex.org/P4310320308"],"host_organization_lineage_names":["Columbia University Libraries"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"1094-8449","raw_type":"info:eu-repo/semantics/article"},"volume":null,"type":"article","indexed_in":["datacite"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://journals.library.columbia.edu/index.php/index/article/view/3167","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5061995177","display_name":"Nicholas Calcina Howson","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Howson, Nicholas C.","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5061995177"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":28,"citation_normalized_percentile":{"value":0.00012429,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"11","issue":"1997","first_page":"127","last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T14102","display_name":"Corporate Governance and Law","score":0.5889000296592712,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T14102","display_name":"Corporate Governance and Law","score":0.5889000296592712,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.16519999504089355,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10628","display_name":"China's Socioeconomic Reforms and Governance","score":0.1542000025510788,"subfield":{"id":"https://openalex.org/subfields/3320","display_name":"Political Science and International Relations"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/corporate-law-reform","display_name":"corporate law reform","score":0.8489999771118164},{"id":"https://openalex.org/keywords/state-owned-enterprise-reform","display_name":"state-owned enterprise reform","score":0.746999979019165},{"id":"https://openalex.org/keywords/privatization","display_name":"privatization","score":0.550000011920929},{"id":"https://openalex.org/keywords/public-ownership","display_name":"public ownership","score":0.6320000290870667},{"id":"https://openalex.org/keywords/securities-regulation","display_name":"securities regulation","score":0.7020000219345093},{"id":"https://openalex.org/keywords/chinese-securities-market","display_name":"Chinese securities market","score":0.6019999980926514},{"id":"https://openalex.org/keywords/socialist-market-economy","display_name":"socialist market economy","score":0.8650000095367432},{"id":"https://openalex.org/keywords/corporate-restructuring","display_name":"corporate restructuring","score":0.32899999618530273}],"concepts":[{"id":"https://openalex.org/C2780838233","wikidata":"https://www.wikidata.org/wiki/Q836925","display_name":"Complaint","level":2,"score":0.8995094895362854},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.7893569469451904},{"id":"https://openalex.org/C190253527","wikidata":"https://www.wikidata.org/wiki/Q295354","display_name":"Law and economics","level":1,"score":0.4411338269710541},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4037525951862335},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.33905333280563354},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.326030433177948},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3035380244255066}],"mesh":[],"locations_count":6,"locations":[{"id":"pmh:oai:ojs.cu.submissions:article/3167","doi":null,"is_oa":true,"landing_page_url":"https://journals.library.columbia.edu/index.php/index/article/view/3167","pdf_url":null,"source":{"id":"https://openalex.org/S2764513944","display_name":"Columbia Journal of Asian Law","issn_l":"1094-8449","issn":["1094-8449","2373-0498"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["abdc-a"],"host_organization":"https://openalex.org/P4310320308","host_organization_name":"Columbia University Libraries","host_organization_lineage":["https://openalex.org/P4310320308"],"host_organization_lineage_names":["Columbia University Libraries"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"1094-8449","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:scholarship.law.berkeley.edu:facpubs-2868","doi":null,"is_oa":true,"landing_page_url":"https://scholarship.law.berkeley.edu/facpubs/1868","pdf_url":"https://scholarship.law.berkeley.edu/facpubs/1868","source":{"id":"https://openalex.org/S7407064349","display_name":"bepress Legal Repository","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Faculty Scholarship","raw_type":"text"},{"id":"pmh:oai:repository.law.umich.edu:articles-3504","doi":null,"is_oa":false,"landing_page_url":"https://repository.law.umich.edu/articles/2500","pdf_url":null,"source":{"id":"https://openalex.org/S7407064349","display_name":"bepress Legal Repository","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Articles","raw_type":"text"},{"id":"mag:86621839","doi":null,"is_oa":true,"landing_page_url":"https://lawcat.berkeley.edu/record/1116060/files/fulltext.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S2764513944","display_name":"Columbia Journal of Asian Law","issn_l":"1094-8449","issn":["1094-8449","2373-0498"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["abdc-a"],"host_organization":"https://openalex.org/P4310320308","host_organization_name":"Columbia University Libraries","host_organization_lineage":["https://openalex.org/P4310320308"],"host_organization_lineage_names":["Columbia University Libraries"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Columbia Journal of Asian Law","raw_type":null},{"id":"doi:10.7916/cjal.v11i1.3167","doi":"https://doi.org/10.7916/cjal.v11i1.3167","is_oa":true,"landing_page_url":"https://doi.org/10.7916/cjal.v11i1.3167","pdf_url":null,"source":{"id":"https://openalex.org/S4306402601","display_name":"Columbia Academic Commons (Columbia University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I78577930","host_organization_name":"Columbia University","host_organization_lineage":["https://openalex.org/I78577930"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article-journal"},{"id":"doi:10.7916/gyg0-2326","doi":"https://doi.org/10.7916/gyg0-2326","is_oa":true,"landing_page_url":"https://doi.org/10.7916/gyg0-2326","pdf_url":null,"source":{"id":"https://openalex.org/S4306402601","display_name":"Columbia Academic Commons (Columbia University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I78577930","host_organization_name":"Columbia University","host_organization_lineage":["https://openalex.org/I78577930"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article-journal"}],"best_oa_location":{"id":"pmh:oai:ojs.cu.submissions:article/3167","doi":null,"is_oa":true,"landing_page_url":"https://journals.library.columbia.edu/index.php/index/article/view/3167","pdf_url":null,"source":{"id":"https://openalex.org/S2764513944","display_name":"Columbia Journal of Asian Law","issn_l":"1094-8449","issn":["1094-8449","2373-0498"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["abdc-a"],"host_organization":"https://openalex.org/P4310320308","host_organization_name":"Columbia University Libraries","host_organization_lineage":["https://openalex.org/P4310320308"],"host_organization_lineage_names":["Columbia University Libraries"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"1094-8449","raw_type":"info:eu-repo/semantics/article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","score":0.6207000017166138,"display_name":"Peace, justice, and strong institutions"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W86621839.pdf","grobid_xml":"https://content.openalex.org/works/W86621839.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2229923491","https://openalex.org/W7203670003","https://openalex.org/W4240482796","https://openalex.org/W4244902391","https://openalex.org/W1531441376","https://openalex.org/W1994574388","https://openalex.org/W1946572142","https://openalex.org/W7051855300","https://openalex.org/W86997826","https://openalex.org/W2128334673"],"abstract_inverted_index":{"The":[0,102,133],"15th":[1],"National":[2],"Party":[3,8],"Congress":[4],"of":[5,9,13,36,45,49,89,99,115,135,139,143,156,174,221,228,242,262,285,305],"the":[6,10,37,46,50,68,81,90,96,100,113,136,140,159,166,170,179,193,210,225,239,256,274,282,294],"Communist":[7],"People\u2019s":[11,141],"Republic":[12,142],"China":[14,144],"(\u201cPRC\u201d":[15],"or":[16,224],"\u201cChina)":[17],"opened":[18],"on":[19,281],"September":[20],"12,":[21],"1997":[22],"with":[23,61,153,192,278],"a":[24,86,154,216,218,245],"much":[25],"heralded":[26],"call":[27],"by":[28,57,67],"Secretary":[29],"General":[30],"Jiang":[31,40],"Zemin":[32],"to":[33,244],"intensify":[34],"reformation":[35],"state-owned":[38,55,82],"sector.":[39],"provided":[41,293],"critical":[42],"ideological":[43],"authorization":[44],"selling":[47],"down":[48],"State\u2019s":[51],"interest":[52],"in":[53,111,148,158,198,232,307],"China\u2019s":[54,125,175,233,259,298],"enterprises":[56],"equating":[58],"\u201cstate":[59],"ownership\u201d":[60,63],"\u201cpublic":[62],"and":[64,74,110,163,184,188,201,238,252,265,277,290,302,312],"then":[65],"\u201cownership":[66],"public,\u201d":[69],"declaring:":[70],"Public":[71],"ownership":[72,237],"can":[73],"should":[75],"take":[76],"diversified":[77],"forms\u2026":[78],"even":[79,254],"if":[80],"sector":[83],"accounts":[84],"for":[85,105,121,297],"smaller":[87],"proportion":[88],"economy,":[91],"this":[92,106],"Will":[93],"not":[94],"affect":[95],"Socialist":[97],"nature":[98],"economy.":[101],"key":[103],"vehicle":[104],"newly":[107],"invigorated":[108],"reform,":[109],"fact":[112],"process":[114],"restructuring":[116],"that":[117,258],"has":[118],"been":[119,270],"underway":[120],"several":[122],"years,":[123],"is":[124],"basic":[126],"corporate":[127,263,300],"statute,":[128],"only":[129],"three":[130],"years":[131],"old.":[132],"promulgation":[134],"Company":[137,211],"Law":[138,212],"(the":[145],"\u201cCompany":[146],"Law\u201d)":[147],"late":[149],"1993":[150],"was":[151,204,213],"met":[152],"chorus":[155],"praise":[157],"official":[160],"Chinese":[161,181],"press":[162],"abroad.":[164],"However,":[165],"immediate":[167],"reaction":[168],"among":[169],"more":[171],"reform-oriented":[172],"members":[173],"securities":[176,182,196,266],"regulatory":[177],"authorities,":[178],"nascent":[180],"bar,":[183],"foreign":[185],"bankers,":[186],"lawyers":[187],"accountants":[189],"intimately":[190],"involved":[191],"PRC\u2019s":[194],"first":[195],"offerings":[197],"Hong":[199,310],"Kong":[200,311],"New":[202,313],"York,":[203],"less":[205],"sanguine.":[206],"In":[207],"many":[208],"cases,":[209],"privately":[214],"termed":[215],"\u201cdisaster,\u201d":[217],"keen":[219],"expression":[220],"conservative":[222],"compromises":[223],"wholesale":[226],"avoidance":[227],"difficult":[229],"issues":[230],"implicit":[231],"transition":[234],"from":[235],"state":[236],"mandated":[240],"allocation":[241],"capital":[243],"\u201csocialist":[246],"market":[247],"economy.\u201d":[248],"Some":[249],"PRC":[250],"professionals":[251],"regulators":[253],"expressed":[255],"opinion":[257],"developing":[260],"body":[261],"law":[264],"markets":[267],"would":[268],"have":[269],"better":[271],"off":[272],"without":[273],"new":[275],"legislation,":[276],"continued":[279],"reliance":[280],"then-existing":[283],"patchwork":[284],"laws,":[286],"regulations,":[287],"notices,":[288],"opinions":[289],"standards":[291],"which":[292],"legal":[295],"basis":[296],"earliest":[299],"reorganizations":[301],"public":[303],"issuances":[304],"stock":[306],"Shenzhen,":[308],"Shanghai,":[309],"York.":[314]},"counts_by_year":[{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}