Titlebook: Demystifying China’s Stock Market; The Hidden Logic beh Eric Girardin,Zhenya Liu Book 2019 The Editor(s) (if applicable) and The Author(s)

除草劑

夸張

Glucose

,What Does History Tell Us? The Roots of China’s Modern Stock Market, on traditions dating back to imperial China. We will look at the form in which the corporation arose early on in imperial China in order to identify examples of well-functioning shareholding enterprises, understand the specific nature of contracting relationships, and explore the antecedents of sop

Diverticulitis

A Government-Dominated Financial System,he stock market is only one stage in that process. Three major features of such government domination are emphasized in this chapter..First, we will review the difficulties raised when trying to fit a stock market into a socialist market economy. We will consider the motivations behind the transform

AXIOM

A Chinese Style Speculative Market, efficient market hypothesis..The inherently speculative nature of the market, with recurrent bubbles, is the major anomaly, usually linked to major characteristics of that market involving the dominance of unsophisticated investors, binding short-sale constraints, and often costly arbitrage..Exotic

Recessive

慢跑鞋

Amorous

Book 2019is, and corporate valuation principles. The deviations from such paradigms have been analyzed as puzzles of China’s stock market. Girardin and Liu explore to what extent, in the perspective of Chinese cultural and historical characteristics, far from being puzzles, these ‘deviations’ are rather the

懸掛

Metamorphosis

Christopher N. Candlin,Jonathan Crichtons, and corporate valuation principles. The deviations from such paradigms have been analysed as puzzles of China’s stock market. However, “research on China’s financial system should avoid over-applying research paradigms developed for the US setting” (Carpenter and Whitelaw, The Development of Chin