Download or read book A Comparative Study of Shareholders' Derivative Actions written by Xiaoning Li and published by . This book was released on 2007 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, shareholders' derivative actions in England, the US, Germany and China are being compared. Western countries among themselves take differing approaches towards derivative action in practice, including its very role and the mechanisms for regulating it. As far as the function of derivative action is concerned, the author concludes that derivative actions play different roles in all these countries; their function may vary according to the agency problems to be solved and the type and size of the companies involved; and derivative action is only one method in a comprehensive system of corporate governance. Comparative study shows that the issue of how to strike a balance between corporate efficiency and protection for the company and its minority shareholders is key in derivative actions.