, Johnson and Shleifer (2001) that securities-market regulation can create substantial value for minority shareholders in a …-based civil-law countries, regulation in the form of simple “bright-line rules” is more effective than in the form of “broad …

The complexity of Basel II and III has reached China as well. In a revolutionary turn within seven years, the Chinese …

China. A now stable and relatively healthy banking system emerged largely unscathed from the financial crisis without … relying much on recognised international best practices in bank supervision. China combines a strong regulatory hand together … private monitoring mechanisms on top of restrictive regulators that allows for stability and growth - at least for now. China …

the new regulations than did firms with stronger governance. This evidence indicates that securities-market regulation can …

analyses which include a focus on China, Japan, Brazil, and South Africa, this paper not only highlights why there is need for … particular, the Basel III leverage ratios in jurisdictions such as China. Ultimately the paper also aims to investigate whether …

may be less satisfied than those from other backgrounds. To attend to this, instances of demand-side regulation have been … improve the quality of utility regulation. …