David C. Donald

Chinese University of Hong Kong - Faculty of Law

Professor

Faculty of Law

6/F, Lee Shau Kee Building

Shatin, New Territories

Hong Kong

http://www.law.cuhk.edu.hk/en/people/info.php?id=10

SCHOLARLY PAPERS

32

DOWNLOADS
Rank 9,136

SSRN RANKINGS

Top 9,136

in Total Papers Downloads

9,503

SSRN CITATIONS
Rank 35,155

SSRN RANKINGS

Top 35,155

in Total Papers Citations

22

CROSSREF CITATIONS

7

Scholarly Papers (32)

1.

Assessing Hong Kong as an International Financial Centre

University of Hong Kong Faculty of Law Research Paper No. 2014/012
Number of pages: 209 Posted: 23 Apr 2014 Last Revised: 13 Jan 2018
The University of Hong Kong, Chinese University of Hong Kong - Faculty of Law, The University of Hong Kong - Faculty of Law, The University of Hong Kong - Department of Politics and Public Administration, The University of Hong Kong - Faculty of Business and Economics, University of Hong Kong Faculty of Law, The University of Hong Kong - School of Economics and Finance, Hong Kong Polytechnic University - School of Accounting and Finance, University of Hong Kong, University of Oxford, St. Peter's College and The University of Hong Kong - Department of Geography
Downloads 1,381 (27,084)
Citation 2

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Hong Kong, international financial center

2.

The Rise and Effects of the Indirect Holding System - How Corporate America Ceded its Shareholders to Intermediaries

Number of pages: 66 Posted: 27 Sep 2007 Last Revised: 20 Oct 2015
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 1,128 (36,291)
Citation 1

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share transfers, market microstructure, securities settlement, clearing and settlement, UCC, shareholder communications

3.

Approaching Comparative Company Law

Number of pages: 74 Posted: 15 Feb 2008
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 555 (93,732)
Citation 1

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Comparative Company Law, Comparative Law, Corporate Law, Securities Law, EU Law

4.

From Block Lords to Blockchain: How Securities Dealers Make Markets

The Chinese University of Hong Kong Faculty of Law Research Paper No. 2018-4
Number of pages: 36 Posted: 09 Mar 2018 Last Revised: 18 Dec 2020
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 494 (108,232)
Citation 4

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5.

The ASEAN Fintech Ecosystem Benchmarking Study

CCAF, ADBI, FinTechSpace (2019). ASEAN FinTech Ecosystem Benchmarking Study. Cambridge, UK.
Number of pages: 89 Posted: 16 Mar 2021
University of Cambridge - Cambridge Centre for Alternative Finance, University of Cambridge - Cambridge Centre for Alternative Finance, University of Cambridge - Cambridge Centre for Alternative Finance, affiliation not provided to SSRN, Independent, Cambridge Centre for Alternative Finance, Cambridge Judge Business School, University of Cambridge, Chinese University of Hong Kong - Faculty of Law, National University of Singapore (NUS) - Faculty of Law, Asia Pacific University of Technology and Innovation, affiliation not provided to SSRN, University of Cambridge - Cambridge Centre for Alternative Finance, affiliation not provided to SSRN, Ho Chi Minh City (HCMC) University of Law, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN and University of Cambridge - Cambridge Centre for Alternative Finance
Downloads 379 (147,180)

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fintech, alternative finance, ASEAN, financial services, unbanked, financial access, financial inclusion, regulation, business strategies, blockchain, distributed ledger technology

6.

Evolutionary Development in Hong Kong of Transplanted UK-Origin Takeover Rules

The Chinese University of Hong Kong Faculty of Law Research Paper No. 2015-09
Number of pages: 22 Posted: 22 Nov 2015 Last Revised: 04 Jan 2016
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 378 (147,608)
Citation 1

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Takeovers, Acquisitions, Hong Kong, Acting in Concert, Transplantation of Law

7.

Hong Kong's Public Enforcement Model of Investor Protection

The Chinese University of Hong Kong Faculty of Law Research Paper No. 2017-01
Number of pages: 47 Posted: 20 Jan 2017 Last Revised: 30 Jan 2017
David C. Donald and Paul W.H. Cheuk
Chinese University of Hong Kong - Faculty of Law and Chinese University of Hong Kong - Faculty of Law
Downloads 369 (151,640)

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corporate law, securities law, derivative actions, unfair prejudice actions, enforcement

8.

The Transfer of Securities Pursuant to Article 8 UCC

Number of pages: 20 Posted: 10 Mar 2008
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 365 (153,497)

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Commercial Law, Securities Transfers, Market Structure

9.

Atomic Cross-Chain Swaps: Development, Trajectory and Potential of Non-Monetary Digital Token Swap Facilities

Annals of Emerging Technologies in Computing (AETiC) Vol. 3, No. 1, 2019 , The Chinese University of Hong Kong Faculty of Law Research Paper No. 2019-01
Number of pages: 9 Posted: 15 Jan 2019
Mahdi H. Miraz and David C. Donald
Xiamen University Malaysia and Chinese University of Hong Kong - Faculty of Law
Downloads 347 (162,202)
Citation 4

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blockchain, cryptocurrency, swap, interoperability

10.

Developing a Hybrid Variant from Transplanted Roots: Hong Kong Corporate and Securities Law in the Service of a Chinese International Financial Centre

Centre for Financial Regulation and Economic Development Working Paper No. 10
Number of pages: 62 Posted: 17 Feb 2013
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 303 (187,280)

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Hong Kong, China, company law, corporate law, securities regulation, market quality

11.

Hong Kong's Roles in Supporting the Economic Development of China

The Chinese University of Hong Kong Faculty of Law Research Paper No. 2016-29
Number of pages: 30 Posted: 15 Oct 2016
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 300 (189,352)
Citation 1

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China, Hong Kong, Development, Institutions, Finance, History

12.

Heart of Darkness: The Problem at the Core of the US Proxy System and its Solution

Centre for Financial Regulation and Economic Development Working Paper No. 1/2010
Number of pages: 46 Posted: 27 Oct 2010
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 297 (191,385)
Citation 6

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Corporate Governance, Corporate Law, Proxy, Securities Settlement, Clearing and Settlement

13.

Regulating Market Manipulation Through an Understanding of Price Creation

National Taiwan University Law Review, Forthcoming
Number of pages: 27 Posted: 28 Aug 2010 Last Revised: 20 Oct 2015
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 268 (212,500)

Abstract:

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14.

Keep Your ‘Invisible Hands’ to Yourself: Freeing Corporate Governance from the Cult of the ‘Efficient Market’

The Chinese University of Hong Kong Faculty of Law Research Paper No. 2020-35
Number of pages: 29 Posted: 13 Nov 2020
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 255 (223,309)

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Corporate Governance, Market Efficiency, Behavioral Finance, Fintech, Ensemble Machine Learning, Venture Capital

15.

Conceiving Corporate Governance for an Asian Environment

The Chinese University of Hong Kong Faculty of Law Research Paper No. 2016-11
Number of pages: 51 Posted: 07 May 2016 Last Revised: 25 Mar 2017
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 252 (225,957)
Citation 1

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Corporate law, company law, comparative law, Asian law, family firms, state owned enterprises, theory of the firm

16.

Disintermediating Securities Settlement

Number of pages: 35 Posted: 07 Jul 2008
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 247 (230,483)

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17.

Hong Kong's Fintech Automation: Economic Benefits and Social Risks

The Chinese University of Hong Kong Faculty of Law Research Paper No. 2020-05
Number of pages: 23 Posted: 25 Feb 2020
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 237 (239,980)

Abstract:

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18.

Information, and the Regulation of Inefficient Markets

The Political Economy of Financial Regulation, Emilios Avgouleas and David C. Donald, eds. (Cambridge University Press, 2018, Forthcoming), The Chinese University of Hong Kong Faculty of Law Research Paper No. 2018-07
Number of pages: 24 Posted: 05 May 2018
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 210 (268,921)

Abstract:

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19.

Multilateral Transparency for Securities Markets through DLT

The Chinese University of Hong Kong Faculty of Law Research Paper No. 2019 - 05
Number of pages: 42 Posted: 28 Mar 2019 Last Revised: 25 Oct 2019
David C. Donald and Mahdi H. Miraz
Chinese University of Hong Kong - Faculty of Law and Xiamen University Malaysia
Downloads 201 (279,953)
Citation 2

Abstract:

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market structure, securities markets, distributed ledger technology, blockchain, indirect holding system

20.

'Market Quality' and Moral Hazard in Financial Market Design

Number of pages: 21 Posted: 20 Aug 2014
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 195 (287,725)
Citation 1

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market quality, market efficiency, securities regulation, high frequency trading, moral hazard, clearing and settlement, market microstructure, financial regulation

21.

Smart Precision Finance for Small Businesses Funding

The Chinese University of Hong Kong Faculty of Law Research Paper No. 2020-06
Number of pages: 23 Posted: 28 Feb 2020
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 193 (290,471)

Abstract:

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22.

LApps: Technological, Legal and Market Potentials of Blockchain Lightning Network Applications

Forthcoming, Proceedings of the 3rd International Conference on Information System and Data Mining (ICISDM2019), proceedings to be published by ACM in the International Conference Proceedings Series, The Chinese University of Hong Kong Faculty of Law Research Paper No. 2019-04
Number of pages: 6 Posted: 28 Mar 2019
Mahdi H. Miraz and David C. Donald
Xiamen University Malaysia and Chinese University of Hong Kong - Faculty of Law
Downloads 189 (295,977)
Citation 4

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Blockchain; Atomic Swap; Lightning Network; Cross-chain Trading; Cryptocurrencies; Cross-listing; Wallet-to-Wallet Transfer; On-Chain; Off-Chain; Layer 2; Hashed Timelock Contracts (HTLC); Payment Channels; State Channels; Coloured Coins; DAO; ICO; DApps; LApps

23.

Regulatory Failures in the Design of Securities Settlement Infrastructure

Number of pages: 65 Posted: 01 Sep 2010
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 183 (304,434)

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Securities Settlement, Proxy Rules, Corporate Governance, Clearing & Settlement

24.

Legal System Network Effects and Global Legal Development

The Chinese University of Hong Kong Faculty of Law Research Paper No. 2019-17, Forthcoming, Notre Dame Journal of International & Comparative Law
Number of pages: 48 Posted: 29 Aug 2019 Last Revised: 02 Apr 2020
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 178 (312,081)
Citation 2

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Network, Development, Common Law, Convergence, Systems Theory

25.

Countering Corrupting Conflicts of Interest: The Example of Hong Kong

CUHK Centre for Financial Regulation and Economic Development Working Paper Series No. 1/2011
Number of pages: 27 Posted: 13 Jul 2011
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 161 (340,480)

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Anti-Corruption, Bribery, Corruption, Hong Kong

26.

Law in Regression? Impacts of Quantitative Research on Law and Regulation

Number of pages: 63 Posted: 04 Nov 2014 Last Revised: 20 Oct 2015
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 149 (362,979)

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Law, Economics, Empirical Research, Quantitative Research, Corporate Law, Comparative Law, Securities Regulation

27.

Development Considerations for a Chinese National Securities Market

Centre for Financial Regulation and Economic Development Working Paper No. 7
Number of pages: 31 Posted: 14 Nov 2011
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 120 (429,330)

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China, Hong Kong, Securities Markets, Capital Market, Law and Development, Finance

28.

Stewardship in the Hong Kong International Financial Centre: Adding ‘Responsible Owners’ to an Entrepreneurial Market

The Chinese University of Hong Kong Faculty of Law Research Paper No. 2020-07; forthcoming as a chapter in “Global Shareholder Stewardship: Complexities, Challenges and Possibilities," Dionysia Katelouzou & Dan W. Puchniak eds (Cambridge University Press)
Number of pages: 18 Posted: 02 Mar 2020 Last Revised: 07 Oct 2023
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 74 (589,172)

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29.

The Client Data Windfall Nourishing the Birth of Legal Technologies

Number of pages: 34 Posted: 26 Jul 2021
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 61 (652,007)

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30.

Common Law and the Liberation of Self-Interest from Regulation

The Chinese University of Hong Kong Faculty of Law Research Paper No. 2023-31
Number of pages: 16 Posted: 10 Oct 2023
David C. Donald
Chinese University of Hong Kong - Faculty of Law
Downloads 34 (828,736)

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Comparative Law, Common Law, Civil Law, Efficient Markets, Neoliberalism, Legal Origin, Deregulation

31.

Networked Securities Markets: From Cross-Listing to Direct Connection

The Chinese University of Hong Kong Faculty of Law Research Paper No. 2018-11
Posted: 15 Aug 2018
David C. Donald
Chinese University of Hong Kong - Faculty of Law

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securities markets, cross listing, dual listing, fund of funds, NMS, MiFID, Stock Connect

32.

History’s Marks on Hong Kong Law - From British Colony, to Chinese SAR

Centre for Financial Regulation and Economic Development Working Paper No. 5
Posted: 04 Nov 2011
David C. Donald
Chinese University of Hong Kong - Faculty of Law

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Hong Kong, colonial rule, comparative law, legal transplants, path dependence