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自20世纪90年代起,金融及法律界学者逐渐提出到境外发达资本市场上市可以发挥其 "捆绑"作用:企业可以通过跨越本国薄弱的法律机制,受制于发达国家的法律以及监管,实现公司治理的提高。"捆绑理论起源于美国, 但随后也被运用于全球市场的其他角落。 问题关键在于本国市场与境外市场之间是否存在一个"质量差距", 因为只有在"质量差距"存在的情况下,"捆绑"的作用才有可能产生。 ; 源于"香港"英文拼写中的第一个字母H,到香港上市的中国企业被统称为H-股公司。自"青岛啤酒"于1993成功于香港上市,至今香港联交所已有169 间H-股公司。其中,2002至2006 是到港上市的高峰期. 此期间,中国资本市场混乱,难以发挥为企业融资的作用。鉴于此,中国政府鼓励国内企业到香港上市,寄予通过香港更好的治理机制,实现对本土企业治理实践的提高。 ; 当前,人们普遍认为香港上市可以顺利提高中国企业的治理实践。如若事实如此,我们有理由相信中国本土市场与香港市场之间存在明显的"质量差距"。也就是说香港市场的治理体系优于国内市场。此文以中小股东保护为出发点,于以下几个方面探讨两地之间是否存在"质量差距":信息披露,独立董事,金融中介机构的"看门人"作用,证券法的公力救济,以及公司法,证券法的私力救济。 ; In the 1990s, finance and legal scholars gradually proffered the view that cross-listing in a developed market functions as a "bonding" mechanism: a firm may improve governance practices in spite of the home country's weak legal institutions by subjecting itself to the legal and regulatory regime of the developed market. Initially developed in the context of overseas companies listed in the US, this bonding effect has been applied to other places of the global market as well. Critical to this scenario is the existence of a "quality gap" between the home and the foreign markets, which must exist for generating the bonding effect. ; Chinese companies listed in Hong Kong are known as H-share companies for the first letter of the listing locality. Since the birth of the first H-share company, Tsingtao Beer, in 1993, a total of 168 H-share companies have floated on the Stock Exchange of Hong Kong. A majority of these companies were listed between 2002 and 2006. Around this period, the two domestic exchanges were highly volatile and failed to provide an efficient fund-raising device for Chinese companies. Against this backdrop, the Chinese government adopted the strategy of encouraging domestic companies list in Hong Kong, which is perceived to be a better governance regime, thereby bonding the governance practices of Chinese companies to a superior standard. ; It is current conventional wisdom that the governance practices of Chinese companies can be enhanced indeed through ...

Unauthorised use of the trademark logo on social media on a massive scale has led to frequent legal conflicts between trademark holders, social media providers and internet users and legal uncertainty. The thesis concludes that trademark infringement and dilution laws in the U.S. and EU are inadequate to solve this problem. The trademark logo on social media should be protected against unauthorised use, even though it is not used to sell the good or service the trademark indicates, but is used in a commercial environment. Two premises for any solution are that first the enforcement should be made automatic, since litigation on a case-by-case basis is not scalable, and second that the safe harbour provisions for online service providers, that aggravate the problem, should be substituted for strict liability. The trademark logo can be seen as the personification of the trademark holder, and one can argue that the stability of the trademark logo is not only in the interest of the trademark holder but also of society at large. One can argue that trademark dilution already provides a kind of moral right of integrity for the trademark logo. However, this right is limited to trademark logos that are considered famous or have a reputation, and, moreover, that are used in a commercial way. This thesis argues that also the trademark logo that did not reach the requested level of fame or reputation and is used in a non-commercial way should also be protected against unauthorised use on social media. Therefore the moral right of integrity is proposed for the trademark logo. Until the law will be amended to include a moral right of integrity for the trademark logo, this thesis suggests to implement proactive solutions in the walled gardens of social media as a testing ground for potential legislation. This automated solution is scalable, makes intellectual property protection and enforcement not only effective but also more calibratable to social policy goals and will inevitable lead to an algorithmic justice. ...

Ulrich Manthe, der seit mehr als 30 Jahren an der Universität Passau als Professor für Bürgerliches Recht und Römisches Recht wirkt und 2017 seinen 70. Geburtstag feiert, wird mit dieser, von seinen Schülern verfassten Festschrift geehrt. Diese trägt den Titel "Itineraria iuris", denn Wegbeschreibungen des Rechts waren es, die Ulrich Manthe in seinen unvergessenen Vorlesungen bot. Seine beiden großen Interessensgebiete, das römische und das chinesische Recht, deren wissenschaftliche Durchdringung er entscheidend geprägt hat, spiegeln sich in den Beiträgen der Festschrift wider. Ulrich Manthe hat nicht nur eine Vielzahl von Veröffentlichungen zum römischen Recht vorzuweisen, genannt seien nur seine allseits bekannten Studien zu den Institutionen des Gaius, sondern auch zahlreiche Publikationen zum chinesischen Recht und zur chinesischen Sprache und Kultur. Die Bandbreite der Festschriftbeiträge reicht vom römischen Erbrecht über den gutgläubigen Erwerb nach chinesischem Recht bis hin zur Insolvenzanfechtung nach der InsO. / "Itineraria iuris – From Rome to China. Essays in honour of Ulrich Manthe on the occasion of his seventieth birthday" -- This Festschrift honours Ulrich Manthe, who celebrates his 70th birthday in 2017. Both of his great areas of interest, i.e. Roman law and the law of China, which he has decisively shaped through a large number of publications and through his highly respected teachings, are mirrored by the contributions to the Festschrift. The breadth of the Festschrift chapters reaches from legal history to sino-legal topics and aspects of current German law

在过去十年间里,中国立法机关及政府机关已制定颁布了大量新的法律法规。这些法律从数量和质量上而言,和过去相比都有了很大飞跃,公司法和证券法领域尤为如此。 法律从业人员数量的增多满足了人们多元化的法律需求。财经媒体的迅速发展使得大众对商业和市场运行、以及相关法律法规产生了更加深刻的认识。 然而,这些方面的改善并不意味着中国上市公司小股东保护也得到了相应的加强。 ; 本文主要围绕以下三部分内容进行了探讨:1.中国现行法律下规制小股东保护的法律原则及规则;2.从政治环境的角度分析政治对部分规则形成的影响以及一些规则在实践中未能达到其立法旨意的原因;及3.小股东积极通过诉讼保护自身权利的现状及困境。作者评估了法律在小股东保护方面的实际效果,并分析中国的当代政治对法律达到其原本立法旨意的影响。虽然保护小股东及上市公司治理的法律框架已越来越全面,但实践中,小股东通过诉讼途径来有效实现自身权利却仍困境重重。本文认为,法院拒绝受理针对政治背景深厚的公司提起的诉讼、小股东面临的举证困难、法院收取的高额诉讼费用等因素都是小股东在实践中所要克服的障碍。 ; 本文认为,影响众多中国上市公司治理的最大问题以及小股东通过诉讼途径保护自身权益的最大障碍正是党国体制对经济活动的干预,尤其是对于部分上市公司和法律程序的干预。为论证该观点,文本首先分析了党国是如何参与并影响中国上市公司的治理。文章发现,党组织在那些由国家直接或间接控股的上市公司发挥了重要的决策及监督作用。此外,文章还分析了民营性质的上市公司是如何受到地方政府的干预。文章认为,针对上市公司的政治干预消弱了法律治理的作用,同时也损害了小股东的合法权益。为了实现对小股东的保护,法律不但要保护小股东不受私权的侵犯(比如私人或私人实体对小股东作出的欺诈或不当行为),更重要的是保护小股东权利不受到来自党国体制默许、支持、甚至实际参与的行为的侵犯。 ; In the past decade, China has experienced an exponential increase in the quantity and quality of new laws and regulations promulgated by the state and its agencies, especially in the area of company law and securities regulation. The legal profession grows and provides ever more diversified services to a public, whose awareness of business and market practices, as well as to some extent the legal rules and principles governing these, are being strengthened by the burgeoning financial media. Yet, these improvements do not necessarily translate into better protection for minority shareholders of Chinese listed companies. ; This thesis discusses the legal rules and principles governing minority shareholders' protection, the political realities that have shaped some of the rules and, as argued here, threaten to undermine some of the principles, and minority shareholders' activism to enforce their rights through litigation. The author has sought to test how law functions in the area of minority shareholder protection and how political practice affects the functioning of law in this area. While the legal framework for minority shareholders' protection and for the corporate governance of Chinese listed companies is becoming increasingly ...

When national authorities decide what activities will be needed to provide public goods & to what extent, they must also make a decision on the modes of allocation & distribution of public goods (which are the objects of public service provision) among users. In the practice of the EU Member States, a variety of diverse public service provision systems can be found. They vary between the public sector & the market, & they include numerous & highly diverse organizational forms of public service provision. A public enterprise is one of them. In the Slovenian legal regulation, a variety of problems arise due to the deficiencies in the existing public enterprise organization. These problems mostly result from some public enterprise status issues regulated under private law. The biggest problem of statutory regulation of the public enterprise status in Slovenia is certainly the absence of a special organizational model of the public enterprise. Adapted from the source document.

submitted by Li Jiehui. ; Thesis (M.Phil.)--Chinese University of Hong Kong, 1998. ; Includes bibliographical references (leaves 119-126). ; Abstract also in Chinese. ; Acknowledgements --- p.v ; Abstract --- p.vi ; Abbreviations --- p.viii ; Tables and figures --- p.ix ; Chapter Chapter 1 --- Introduction --- p.1 ; Chapter 1.1 --- The research question --- p.1 ; Chapter 1.2 --- The research method --- p.3 ; Chapter 1.2.1 --- The legal and political scales --- p.3 ; Chapter 1.2.2 --- The adaptation of Page's method in China --- p.5 ; Chapter 1.2.3 --- The utilities of the two scales --- p.6 ; Chapter 1.3 --- The research plan --- p.8 ; Chapter Chapter 2 --- Central-local relations in China: an overview --- p.10 ; Chapter 2.1 --- Major reforms in central-local relations --- p.10 ; Chapter 2.2 --- Provinces under the economic cycle --- p.13 ; Chapter 2.3 --- The case of Guangdong --- p.14 ; Chapter Chapter 3 --- Legal assessment I: China --- p.16 ; Chapter 3.1 --- The general legal framework --- p.17 ; Chapter 3.1.1 --- Omni-competence --- p.17 ; Chapter 3.1.2 --- Dual subordination --- p.18 ; Chapter 3.1.3 --- The role of the Party --- p.20 ; Chapter 3.2 --- Legal documents and opportunities --- p.21 ; Chapter 3.2.1 --- National laws --- p.21 ; Chapter 3.2.2 --- Administrative regulations --- p.22 ; Chapter 3.2.3 --- Government/Party documents --- p.24 ; Chapter 3.2.4 --- Local legislation --- p.27 ; Chapter 3.3 --- Assessing legal localism --- p.28 ; Chapter Chapter 4 --- Legal assessment II: Guangdong --- p.30 ; Chapter 4.1 --- Build up a legal framework: 1979-1988 --- p.31 ; Chapter 4.2 --- Recession: 1989-1990 --- p.34 ; Chapter 4.3 --- Legislation of interests: 1991 -now --- p.34 ; Chapter 4.3.1 --- The case of the regulation for property registration --- p.37 ; Chapter 4.4 --- Development of other provinces: a comparison --- p.40 ; Chapter 4.5 --- Major findings --- p.43 ; Chapter Chapter 5 --- Political assessment I: China --- p.44 ; Chapter 5.1 --- Page's methodology --- p.44 ; Chapter 5.2 --- The ...

The Law Amending the General Administrative Procedure Act refers to a variety of provisions. New solutions should contribute to a more rapid, more efficient and more cost-effective procedure. Primarily due to elimination of the inconsistent use of individual provisions in practice, the amending law regulates more definitely the issues of authorizing the persons to manage and make decisions at different decision-making levels in administrative procedures in municipalities. The law also develops electronic operations and it especially amends the electronic service provisions. There is a fairly large number of amendments in the Service Chapter. And an important novelty needs to be emphasized. This is the institute of the waiver of the right to appeal which the General Administrative Procedure Act did not know. However, it is well-known in foreign legal regulations and in the Construction Act adopted in our country. Adapted from the source document.

Abstract. The challenge of ensuring the space environment's long-term sustainability in the context of the exploration and commercialisation of outer space raises several important issues and dimensions with respect to both international environmental law and sustainable development. The research question analyses the extent to which such exploration benefits humanity and expands the province of all humankind. In this article, historical achievements of the international legal framework governing the area of space exploration are presented. Opportunities for further developing and strengthening this framework to ensure the cooperative, transparent, inclusive and equitable development of space exploration are deliberated, notably those that do not limit the interests and opportunities of space-faring countries. The key finding and proposition of this article is that while discussing the need to improve and strengthen the international regulatory framework, developing countries' needs and interests should also be effectively incorporated. More equitable, inclusive and sustainable development is as much in the interest of developed countries as it is of developing countries. Keywords: The Outer Space Treaty, space law, UNCOPUOS, space commercialisation, Sustainable Development Goals, inclusive and balanced development, international environmental law

Through the public procurement rules, protection of competition, equality of choice & transparency of the procedure in relationships between the public & private sectors are provided, to the greatest extent possible, in the EU rules. All the contractual relationships between the public & private sectors cannot be subject to strict & formal rules on public procurement primarily due to the special nature of business operations, complexity & duration of the relationships. Concessions or public-private partnerships of a concessionary nature are excluded from the legal regime that applies to public procurement. This paper analyses the contractual relationships of the concessionary nature & the EU efforts for ensuring a certain degree of equal treatment of private partners entering into public-private partnerships. Adapted from the source document.

Abstract. The Covid-19 pandemic has transformed our
society, with administrative procedures – as relationships between public authorities and citizens and businesses – being no exception. Still, the innovative digitalisation of such procedures means the 58 administrative
units across Slovenia have been able to develop a responsive administrative system. Using normative, descriptive
and statistical research methods, the article identifies the
relevant drivers and barriers, like user demands leading to a more responsive service, the lack of legal bases,
and the top-down approach discouraging progress.
Correlation analysis shows that digitalisation also holds
important positive implications for the principles of good
governance. Moreover, larger administrative units are
more likely to achieve a higher degree of digitalisation
and hence better public governance. The findings are
useful for designing evidence-based public policies to
properly respond to pandemic-associated challenges.
Keywords: public administration, administrative procedures, Covid-19, good public governance, innovation,
digitalisation, Slovenia

Among the tasks performed by the Slovenian municipalities to meet the needs of individual residents there is also the provision of local public services. A municipality provides the performance of the public services determined by the municipality itself, & the performance of the public services established by law (local public services). The legal foundations for the regulation & operation of public utility services are given primarily in the Local Self-Government Act & in the Public Utilities Act, as well as in sector-specific laws for individual services. The overview of public utility services & the modes of their performance in two urban municipalities indicate that in Slovenian municipalities, public utility services are performed primarily in two ways: in public enterprises & by awarding a public service concession. Adapted from the source document.

Vprašanje kolektivnih pravnih sredstev v Evropski uniji je v zadnjih letih zaradi pobud evropskih institucij pridobilo veliko pozornosti. V praksi se ja namreč pokazalo, da je intervencija Evropske unije na tem področju potrebna, saj se instituti kolektivne tožbe v državah članicah zelo razlikujejo. Razlikujejo se po vrsti kolektivne tožbe, ki je na voljo, aktivni legitimaciji, uporabi sistema vključitve ali izključitve, financiranja tožbe itd. Heterogenost na tem področju je problematična, saj niso vsi državljani držav članic Evropske unije deležni enake pravne zaščite v primerih množičnih oškodovanj. Različne ureditve držav članic pa imajo tudi negativni vpliv na enotni notranji trg. V nalogi sem analizirala izbrane postopke s kolektivnimi tožbami v državah članicah Evropske unije in osvetlila razlike med njimi. Ugotovila sem, da je ukrepanje organov Evropske unije potrebno, da se zagotovi ustrezno urejene in uravnotežene mehanizme, ki prispevajo k učinkoviti zaščiti in izvrševanju pravic v primerih množičnih oškodovanj. ; The issue of collective redress procedures in the European Union has received a great deal of attention in recent years due to initiatives by the European Union institutions. In practice, however, it has become clear that the European Union intervention in this area is necessary, as institutes of collective redress vary greatly from one-Member State to another. They differ in type of collective action available, legal standing, use of an opt-in or an opt-out system, financing of the action, and so on. Heterogeneity in this area is problematic, as not all citizens of the Member States of the European Union enjoy equal legal protection in cases of mass harm. Moreover, different Member States arrangements also have a negative impact on the single internal market. In this thesis, I have analysed selected collective redress procedures in the Member States of the European Union and highlighted the differences between them. I have identified the need for actions by the European Union institutions to ensure that mechanisms are properly regulated and balanced to contribute to the effective protection and enforcement of rights in cases of mass harm.