Developing China's Capital Market

China is an increasingly influential emerging economy that is currently attracting the attention of academics, practitioners, and policy makers. This book is a collection of cutting edge research findings on issues relating to the experiences and challenges of China's capital market development.

Autorentext
Douglas Cumming is Professor and Ontario Research Chair at the Schulich School of Business, York University, Canada. Cumming is Co-Editor of Entrepreneurship Theory and Practice (since 2011). He has published over 70 refereed papers since completing his JD/PhD in 1999 in journals.

Inhalt

1. Introduction to the Experiences and Challenges in the Development of the Chinese Capital Market; Douglas Cumming, Alessandra Guariglia, Wenxuan Hou and Edward Lee 2. Information Asymmetry and the Diversification Discount: Evidence from listed firms in China; Michael Firth, Man Jin and Yuanyuan Zhang 3. Asset Pricing under Financial Repression: Evidence from the Chinese Real Estate Boom during 1999-2010; Xiuping Hua and Chris Adcock 4. Venture Capital Investments in China: Reputation, Syndication, and Valuation; Sheng Xiao and Xiangyi Zhou 5. Growth and Challenges in the Development of Institutional Investors in China; Liming Wang, Ningyue Liu and ShuoWang 6. Impact of Foreign Bank Entry on the Performance of Chinese Banks; Yizhe Dong, Alessandra Guariglia and Wenxuan Hou 7. Chinese Executive Compensation: Where Do We Stand?; Martin Conyon and Lerong He 8. Independent Directors and Corporate Performance in China; Hanzhang Jiao, Yizhe Dong, Wenxuan Hou and Edward Lee