Research
Selected Publications
Explore research publications from the Commercial and Corporate Law Centre (CCLC), showcasing scholarship and research across commercial and corporate law and related fields.
2026
Yan, M. (2026). The Limits of Company Law in Saving Our Planet: Rethinking the Future of the Corporate Purpose Movement. European Business Law Review, 37(1), pp. 55-90. doi:10.54648/eulr2026003
Jao, J.C. and Chuah, J.C.T. (2026). Artificial intelligence in negotiating energy production and other interests in marine spatial planning—managing transparency and bias. The Journal of World Energy Law & Business, 19(1). doi:10.1093/jwelb/jwaf029
IQBAL, T. (2026). The governance of global supply chains: empirical insights from the ready‐made garment industry in Bangladesh a decade after Rana Plaza. Journal of Law and Society, 53(1), pp. 100-123. doi:10.1111/jols.70049
Rebelo, P.T. (2026). A Maritime Book-and-Claim Compliance Pathway for the IMO Net-Zero Framework. Climate Law, 15(3-4), pp. 293-312. doi:10.1163/18786561-bja1007
Weber, G., Banerjee, S.B., Martínez-Alier, J., Peredo, A.M., & Saes, B.M. (2026). Business and environmental justice: From political economies to political ecologies. Journal of Business Ethics, 206: 691-702. https://doi.org/10.1007/s10551-026-06319-3
Arjaliès, D.L. & Banerjee, S.B. (2026). ‘Let's go to the land instead’: Indigenous perspectives on biodiversity and the possibilities of regenerative capital. Journal of Management Studies. 0.1111/joms.13141.
Yang, L. and Yan, M. (2026). From privacy to infrastructure regulation: rethinking the ethical foundations and functions of data protection in the information age. Humanities and Social Sciences Communications. doi:10.1057/s41599-026-08205-9
Drew, S. (2026). Safe in Leicester Town? Law’s Reach to Those Working for Less Than the National Minimum Wage. Industrial Law Journal, 55(1), pp. 142-180. doi:10.1093/indlaw/dwaf004
2025
Nsubuga, H.J. (2025). Political, regulatory competition and the U.K. debt-restructuring regime at the crossroads. Common Law World Review, 54(2), pp. 90-106. doi:10.1177/14737795251325252
Yan, M. (2025). Operationalising stakeholder governance: some lessons from China’s new Company Law. Journal of Corporate Law Studies, 25(1), pp. 211-245. doi:10.1080/14735970.2025.250303
Reece Thomas, K. and Gültutan, D. (2025). Enforcement of ICSID awards and state immunity: should immunity trump all? Analysis of the English Court of Appeal’s ISL / Border Timbers conjoined judgment, advocating for a domestic teleological interpretation. Arbitration International, 41(3), pp. 607-632. doi:10.1093/arbint/aiae053
Zhang, T. (2025). The Misconception of an Arbitration Agreement’s Scope under Chinese Law: Controversial Interpretation by Chinese Courts. Asian Journal of Comparative Law, 20(2), pp. 324-346. doi:10.1017/asjcl.2026.1001
Collins, D. (2025). De‐Dollarization Is a Plausible Outcome of the New Washington Consensus. Global Policy. doi:10.1111/1758-5899.70109
Testa, F., Di Minin, A., Tosi, D., Cucino, V., Ontano, G., Banerjee, S.B., Cricchio, J. (2025). The biodiversity moonshot: A spark for a transformative change or a new business case facade? Business Ethics, the Environment & Responsibility, 35(3): 1793-1804. https://doi.org/10.1111/beer.70013Digital Object Identifier (DOI)
Yan, M. (2025). FinTech: Finance, Technology and Regulation. By Ross P. Buckley, Douglas W. Arner and Dirk A. Zetzsche. [Cambridge University Press, 2024. xx + 330 pp. Paperback £29.99. ISBN 978-1-00907-821-4.]. The Cambridge Law Journal, 84(2), pp. 464-470. doi:10.1017/s0008197325100755
2024
Ergene, S., Banerjee, S.B., & Ergene, E. (2024). Environmental racism and climate (in)justice in the Anthropocene. Journal of Business Ethics, 193: 785-800. https://doi.org/10.1007/s10551-024-05723-x
Chen, F. and Zhao, L. (2024). The comprehensive implementation of the registration-based system of IPO regulation in China: practice, progress, problems and prospects. Asia Pacific Law Review, 32(1), pp. 1 22. doi:10.1080/10192557.2023.2232612
Shikha, N. and Kapsis, I. (2024). Bank crisis management and resolution after SVB and Credit Suisse: Perspectives from India and the European Union. International Insolvency Review, 33(1), pp. 55-88. doi:10.1002/iir.151
Yan, M. (2024). Weighted Voting Rights Under China’s New Company Law. Journal of Business Law, 2024(7), pp. 559-569
Yan, M. (2024). The Current Debate and Future Development of Dual-Class Share Structures in China. Hong Kong Law Journal, 54(1), pp. 135-158
Funded Projects
Insolvency Toolkit for SMEs in Uganda to Enhance Sustainability
Funding: BA/Leverhulme Small Research Grants (SRG2324\241654)
Funding period: 2024–2025
Award: £10,000
Principal Investigator: Dr Hamiisi Nsubuga
This research examined the high-rate failure of Small- Medium-sized Enterprises (SME) due to financial distress in Uganda. The research project adopted a convergent doctrinal and empirical approach, drawing on existing black letter law and literature alongside a survey of SME business owners impacted by financial distress, a survey of accredited insolvency practitioners and exchanges from a stakeholder workshop on SME insolvencies in Uganda.
The research project examined existing legal, regulatory and procedural frameworks on corporate rescue and the identified gaps exacerbating SME failures in unpacking why, despite the availability of these frameworks, business rescue as the policy objective of Uganda’s insolvency law was yet to be fully achieved, especially, for SMEs. The project, therefore, devised a toolkit that if adopted, may guide the approaches needed to address SME insolvencies in Uganda.
Improving insolvency practice and regulation in Uganda
Funding: Policy Support Fund grant (PSF).
Funding period: 2024–2025
Award: £12,500
Principal Investigator: Dr Hamiisi Nsubuga
This project was funded by the Policy Research Fund at City, St. George’s University of London and feeds into my overall research agenda on improving insolvency practice and regulation in Africa. It involved knowledge exchange and capacity building workshops on matters relating to insolvency regulation and practice in Uganda as a Sub-Saharan African emerging economy. A stakeholder workshop and practitioner roundtable were held in Kampala, Uganda. The events involved insolvency practitioners, regulators of insolvency practice, academics, accountants and other stakeholders with interest in insolvency practice and regulation, and the desire to drive policy and legal reform for transformative economic stability.
For further information about this project, please contact Dr Hamiisi Nsubuga.
The Role of Derivative Actions in Enforcing Directors’ Climate Obligations in ESG Disclosure
Funding: BA/Leverhulme Small Research Grants (SRG2324\240930)
Funding period: 2024–2026
Award: £8,903.82
Principal Investigator: Dr Daoning Zhang
Co-Investigator: Dr Min Yan
This project examines the role of shareholder derivative actions as a mechanism for enforcing directors’ climate-related obligations in the context of ESG disclosure. Using doctrinal and comparative legal methods, the project compares the legal frameworks and practices in China and the United Kingdom, with a particular focus on the role of shareholders in holding directors accountable for climate-related corporate responsibilities.
The project has generated a range of research outputs, including an article published in the European Business Law Review and a book chapter forthcoming in A Research Agenda for Corporate Environmental Law, to be published by Edward Elgar in 2026. The research has also informed blog posts and conference presentations, including contributions to the Society of Legal Scholars Annual Conference 2024 and the European China Law Studies Association Annual Conference 2025. Two further articles arising from the project are currently under peer review.
For further information about this project, please contact Min Yan or Daoning Zhang.