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Purpose and Social Responsibilities of Listed Companies: Irrelevant to China?

Time: April 23 (Saturday), 9:45 AM (Beijing Time)

Speaker: Professor Chen Ruoying, Peking University Law School

Organizer and Moderator: Professor Sang Yop Kang

Sponsored by Forum of Finance, Business, Innovation, and Law (Professor Sang Yop Kang, President Liang Chen, Vice Presidents Tianhang Zhang, Fanbo Sun, and Yanfei Qian).

Bio:

Ruoying Chen is Associate Professor at Peking University Law School. She was Program Affiliate Scholar at the Classical Liberal Institute at NYU Law School, Dean’s Research Fellow at UNSW Business School, and the John. M. Olin Fellow in Law & Economics at the University of Chicago Law School.  She delivered the 2019 Dieter Heremans Lectures in Law and Economics in KU Leuven as the Global Professor at KU Leuven Faculty of Law. 

She’s a visiting professor at University of Chicago Law School, KU Leuven Faculty of Law, the Buchmann Faculty of Law of Tel Aviv University and Koç University Law School.

Previously, she worked for international law firm Freshfields Bruckhaus Deringer in its Beijing and Hong Kong offices for over 5 years on M&As, capital market work, restructuring of China’s enterprises and the disposal of non-performing loans by Chinese banks.

Summary of the Presentation:

In this lecture, Professor Chen will set out the basic legal and regulatory framework for the purpose and social responsibilities of listed companies in China. She then identified a number of features of this framework.  Finally, she tried to explain the driving forces for shaping the practice of social responsibilities by listed companies in China.