The derivative action in Asia: A complex reality

• Main Author: PUCHNIAK, Dan W.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2012
• Subjects: Derivative actions; shareholder litigation; comparative corporate law; comparative corporate governance; Asian culture; economic rationality; irrational behavior; legal origins; leximetrics; LLS&V; convergence; path dependence; comparative law; Japan; China; India; Korea; Singapore; Taiwan; Asian Studies; International and Comparative Education
• Online Access: https://ink.library.smu.edu.sg/sol_research/4002; https://ink.library.smu.edu.sg/context/sol_research/article/5960/viewcontent/SSRN_id2256275.pdf
• Institution: Singapore Management University

This Article uses the derivative action in Asia as a lens for re-evaluating the foundational theories of Asian and comparative corporate law. It begins by demonstrating that the cultural theory of “Asian non-litigiousness” provides scant explanatory or predictive value for either the evolution or fu...