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Reforming China’s Securities Civil Actions : Lessons from US’s PSLRA Reform and Taiwan’s Government Sanctioned Non-Profit Organization

Wang Wallace, Wen-Yeu - 2015

In this paper, we analyze the different civil enforcement regimes of China, US and Taiwan to answer how China should reform her securities civil actions. Drawing on the latest scholarships and empirical studies, we examine the inadequacies of the US class actions in achieving the goals of...

Persistent link: https://www.econbiz.de/10013038776

Intermediate Sanctions : Controlling the Tax-Exempt Organization Manager

Ritchie, Alex - 2013

enterprises. Exempt organization theory holds that government provides a tax exemption to further social goals, but those goals …, which incentives the manager to increase revenues and decrease administrative costs. The new intermediate sanction …

Persistent link: https://www.econbiz.de/10013078466

The tragedy of corruption

Chen, Yefeng; Jiang, Shuguang; Villeval, Marie-Claire - 2016

We investigate corruption as a social dilemma by means of a bribery game in which a risk of collective sanction of the … over time. Reducing the size of the groups while increasing the probability of collective sanction diminishes the officials …

Persistent link: https://www.econbiz.de/10011528171