COLUMBIA JOURNAL OF ASIAN LAW VOL. 12 SPRING 1998 NO. 1 CONTENTS ARTICLES AUTONOMY, QUALIFICATION, AND PROFESSIONALISM OF THE PRC BAR THE JAPANESE "PROSECUTORIAL JUSTICE" AND ITS LIMITED EXCLUSIONARY RULE ENFORCING VOLUNTARY COMPLIANCE: THE NEED TO STRENGTHEN HONG KONG'S MERGER AND ACQUISITION REGULATIONS Nath NOTE A BRIEF COMPARISON OF THE CHINESE AND UNITED STATES SECURITIES REGULATIONS GOVERNING CORPORATE TAKEOVERS Qizii Luo Kuk Cizo 39 an N. McMurtray Benjamin Chun 99 ACKNOWLEDGMENT The Columbia Journal of Asian Law gratefully acknowledges the generous grant from the Parker School of Foreign and Comparative Law which made the establishment of the Journal possible. EDITOR'S NOTE Published semi-annually under the auspices of the Center for Chinese Legal Studies, the Center for Japanese Legal Studies and the Center for Korean Legal Studies at the Columbia University School of Law, the Columbia Journal of Asian Law is the successor to the Journal of Chinese Law, which commenced publication in 1987. The Journal provides a forum for legal practitioners and scholars from Asia, the United States and elsewhere to discuss the broad range of issues that relate to law in the countries of Asia. The Journal welcomes multidisciplinary, historical and comparative manuscripts, as well as those describing and analyzing aspects of contemporary law and practice. As part of this effort, the Columbia Journal of Asian Law maintains a World Wide Web site, located at http://www.columbia.edu/cu/asiaweb. The Journal welcomes your financial support. Contributions can be sent to: Columbia Journal of Asian Law Columbia Law School 435 West 116th Street New York, NY 10027. Email: asianlaw@law.columbia.edu COLUMBIA JOURNAL OF ASIAN LAW VOL. 12 SPRING 1998 NO. 1 Board of Directors R. RANDLE EDWARDS JEONG-HO ROH Editor-in-Chief MIN DING Executive Editor NOAH BRUMFIELD Managing Editor ZHAOHUI WANG Submissions Editor SION KIM Subscription Editor CHYI GARY CHEN Finance Editor CYNTHIA YUAN Production & Technology Editor KIM TOMSEN Notes Editors HYUN SHIN BETINA YIP PAUL LEE ENOCH LIANG Articles Editors JULIA LIN RANDY LowvE TIFFANYWILLAMSON YIJUN ZOU Editors JANEY J. AHN SANDY S. CHOI SARA E. COES RANDAL S. DHALIWAL YEUN-JOO LEE YEHUDA Y. HALPERT BRIAN K. NAGATANI MARIA D. O'LEARY HONG J. PARK NEERI K. RAo SUMI K. SAKATA CHAOJIAN SHAO 02_12ColumJAsianL[iii](1998).pdf 04_12ColumJAsianL[v](1998).pdf