{"title":"以色列的公共资金是否可以用股东衍生诉讼解决中国的资金问题?","authors":"Wenjing Chen","doi":"10.1504/IJPL.2015.076600","DOIUrl":null,"url":null,"abstract":"In order to solve funding problems with shareholder derivative actions, funding provided by public authorities (public funding) is proposed to be applied. Israel is a country where such funding is used. This article studies the Israeli experience of public funding of derivative actions, and further examines its potential for China. Through the investigation of Chinese judicial system, social background (the 'inside system' theory, 'local protectionism', GDP worship) and deficiencies of potential regulatory authorities of public funding (lacks of independence), a negative conclusion is made but future potential for public funding in China still proves to be remained.","PeriodicalId":39023,"journal":{"name":"International Journal of Private Law","volume":"7 1","pages":"119"},"PeriodicalIF":0.0000,"publicationDate":"2015-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Is Israel's public funding feasible to solve funding problems with shareholder derivative actions in China?\",\"authors\":\"Wenjing Chen\",\"doi\":\"10.1504/IJPL.2015.076600\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"In order to solve funding problems with shareholder derivative actions, funding provided by public authorities (public funding) is proposed to be applied. Israel is a country where such funding is used. This article studies the Israeli experience of public funding of derivative actions, and further examines its potential for China. Through the investigation of Chinese judicial system, social background (the 'inside system' theory, 'local protectionism', GDP worship) and deficiencies of potential regulatory authorities of public funding (lacks of independence), a negative conclusion is made but future potential for public funding in China still proves to be remained.\",\"PeriodicalId\":39023,\"journal\":{\"name\":\"International Journal of Private Law\",\"volume\":\"7 1\",\"pages\":\"119\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2015-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Journal of Private Law\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1504/IJPL.2015.076600\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q4\",\"JCRName\":\"Social Sciences\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Private Law","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1504/IJPL.2015.076600","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Social Sciences","Score":null,"Total":0}
Is Israel's public funding feasible to solve funding problems with shareholder derivative actions in China?
In order to solve funding problems with shareholder derivative actions, funding provided by public authorities (public funding) is proposed to be applied. Israel is a country where such funding is used. This article studies the Israeli experience of public funding of derivative actions, and further examines its potential for China. Through the investigation of Chinese judicial system, social background (the 'inside system' theory, 'local protectionism', GDP worship) and deficiencies of potential regulatory authorities of public funding (lacks of independence), a negative conclusion is made but future potential for public funding in China still proves to be remained.