Yao, Yi; Yang, Rong; Liu, Zhiyuan; Hasan, Iftekhar - In: Global Finance Journal 24 (2013) 1, pp. 44-68
This study investigates the effectiveness of government intervention in rescuing bearish markets in a transition economy. Focusing on a pre- and a post-intervention period, the findings reveal that government intervention successfully rescued bearish markets in China and led to a fundamental...