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:blob_hmm_two:

:blob_reach: *tucks you in*

:meowsip: China is much closer to the German model. As is much of Eastern Asia as they introduced the German civil code at the turn of the previous century under the Kuomintang. They inherited thus much of the continental civil law tradition, which extends also to company law.

The German model features and an executive board and a supervisory board. The executive board is running the company, but subordinated to the supervisory board, who represents the interests of the share and stakeholders. They can fire the executive board. :meowsip:

:blob_melt: A bit, but also not. The American model is monocratic and only has a single board of directors, which we ascribed to the fact that common law has a different understanding of the concept of company.

:blob_aww: Yes~.

:blob_aww: A purricane~

:sweating_profusely: The troubles of being a catgirl~

:blob_teary: Poor you~.

:meowsip: No good catgirl would do that~. Humies are our fwiends~.

:blob_aww: Yes, meowactly~.