China's Enterprise Bankruptcy Law, building an infrastructure towards a market-based approach

Parry, R ORCID: https://orcid.org/0000-0001-8285-2191 and Long, Y, 2020. China's Enterprise Bankruptcy Law, building an infrastructure towards a market-based approach. The Journal of Corporate Law Studies, 20 (1), pp. 157-178. ISSN 1473-5970

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Abstract

China has long been under external pressure to develop a market-based approach to bankruptcies and reduce state involvement in such cases. The enactment of the Enterprise Bankruptcy Law 2006 was an important first step in this regard but laws are insufficient in themselves and this Act has given rise to a very low number of cases, attributed in part to ongoing state influence. This paper examines the reasons for the law's limited impact, paying particular attention to the role of the state, which appears to be changing.

Item Type:	Journal article
Publication Title:	The Journal of Corporate Law Studies
Creators:	Parry, R. and Long, Y.
Publisher:	Taylor & Francis
Date:	2020
Volume:	20
Number:	1
ISSN:	1473-5970
Identifiers:	Number Type 10.1080/14735970.2019.1647018 DOI
Divisions:	Schools > Nottingham Law School
Record created by:	Linda Sullivan
Date Added:	18 Jul 2019 13:54
Last Modified:	21 Apr 2020 14:37
URI:	https://irep.ntu.ac.uk/id/eprint/37117

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