Experiences and Challenges in the Development of the Chinese Capital Market

This book presents some of the latest academic research on China's capital markets, demonstrating some of the major issues currently being faced. Pre Eminent researchers in the field examine key topics such as the performance of commercial banks, dividends and ownership, financial constraints and firm performance, the role of political networks, stock price decomposition, stock return predictability and the role of media coverage. In this book the authors use the country's institutional background to offer useful insight into policy implications for the development of China as well as other emerging economies.