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government's "light-touch" regulatory approach. With the incoming tightening regulation foreshadowed by the Interim Measures for … FinTech and online micro-lending subsidiary of Alibaba, will retool for harsher regulation or to witness a forthcoming demise … regulation in China for FinTech-based consumer lending is prioritizing consumer protection over economic success, especially in …
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-of-return regulation, where the government determines the fair price allowed to be charged by a monopoly. As the fair price is determined …
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monopoly. It is, therefore, misguided to adopt ex-ante fixed regulation on digital platforms as a whole, as now envisaged by … enforcement on e-commerce giants. Meanwhile, exploitative abuse (or superior-bargaining-position) regulation has attracted … increasing attention, in order to protect suppliers from abuse by e-commerce giants. This regulation needs exacting application …
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In this study, we examine whether government regulatory initiatives in China involving IPO by SOEs may have contributed to opportunistic behaviors by the issuer. We focus on two sets of IPO regulations issued between January 1, 1996 and February 11, 1999: pricing regulations, which stipulate...
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This study examines the effects of China’s 2008 trading ban regulation on the insider trading of large shareholders in … a financial report), due to high regulation risk. However, the ban only constrains the profitability of insider trades ….83 times more profitable than uninformed trading. The regulation has changed insider trading patterns, but has been ineffective …
Persistent link: https://www.econbiz.de/10011844464
price. A new policy in China (Regulation No.18) forced politicians to resign as directors, providing an exogenous shock to … resigned after 2013. A regression discontinuity design reveals no immediate impact after the announcement of the regulation …
Persistent link: https://www.econbiz.de/10012854991
From the start of China's "corporatization without privatization" process in the late 1980s, a Chinese corporate governance regime apparently shareholder-empowering and determined by enabling legal norms has been altered by mandatory governance mechanisms imposed by a state administrative...
Persistent link: https://www.econbiz.de/10013032062