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Books > Business & Economics > Finance & accounting > Finance
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Demystifying China's Stock Market - The Hidden Logic behind the Puzzles (Hardcover, 1st ed. 2019)
Loot Price: R1,539
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Demystifying China's Stock Market - The Hidden Logic behind the Puzzles (Hardcover, 1st ed. 2019)
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Mainstream research has rationalized China's stock market on the
basis of paradigms such as the institutional approach, the
efficient market hypothesis, 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 symptoms
of a consistent strategy for the design, development and regulation
of a government-dominated financial system. This book will help
investors, observers and researchers understand the hidden logic of
the design and functioning of China's modern stock market, taking a
political economy view.
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