… and Redmond Barry Distinguished Professor, Melbourne Law School, University of … case
for imposing legal responsibility on corporate shareholders in the four Asian common law …

… shareholders in common law jurisdictions in Asia can and ought to be subject to fiduciary
duties… Footnote 95 But a compelling case has been made that controlling shareholders ought to …

… German law, where fiduciary duties are to varying extents already imposed on shareholders…
that the recommendation that the shareholders should be subject to fiduciary duties is not as …

… whether the four Asian jurisdictions should depart … laws are based)—shareholders do not
owe fiduciary duties to the company—and impose such duties on the controlling shareholders. …

… examinations of the corporate shareholder, but they … a fiduciary duty at the apex of corporate
power. This reader finds no reason to doubt the efficacy of such a shareholder fiduciary duty …

… the Asian Financial Crisis in 1997 precipitated corporate law … of a concept of fiduciary duty
such as that at common law. … of the shareholders' meeting or shareholders' general meeting."). …

… towards a new common law "enlightened shareholder value" … , the directors of the company
are subject to the fiduciary duty … level, especially after the Asian financial crisis in 1997 and …

… controlling shareholders may breach their fiduciary duties if they fail … shareholder should owe
fiduciary duties using two case studies … and the laws of Asian common law jurisdictions). As …

… and ownership concentration. By contrast, the … Asian" and “civil law” heritage, any prediction
that China would incorporate common law-type renderings of duty of care and duty of loyalty …

… in most cases, the interest of the majority shareholders represents … fiduciary duty in common
law in that both require the directors to act bona fide for the best interests of the shareholders…