Rethinking the Shareholders’ Rights Protection in Chinese Financial Holding Companies Governance in the Context of New Technologies
摘要
This chapter looks at the relationship between new technologies and the protection of shareholders’ rights in Chinese law. It also responds to the situation in other jurisdictions. Overall, Chinese law needs to reflect on this relationship, as it has been argued for some of the theoretical and practical conflicts. In terms of new technologies, Chinese FHC pilots can be divided into two types: traditional FHCs and internet FHCs. They focus on different issues in the face of the impact of new technologies on the protection of shareholders’ rights. The digital transformation of traditional FHCs is necessary because it responds to the current policy requirements of digital corporate governance in China. It also faces competition from both domestic and international sources. Internet FHCs have an inherent advantage in terms of new technology and shareholder rights protection. At this point, they need to focus on issues beyond technology.