Recent studies suggest that momentum returns are conditioned by market states, but we find that China is different …. First, we find that momentum returns in China exclusively follow DOWN markets contrary to the U.S. evidence. Second, the … absence of momentum returns following UP markets in China cannot be explained by market dynamics, unlike in the U.S. Third …

Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data … listing suspension mechanism, i.e., the ST designation, adopted by China's securities regulatory agency appears to be … literature on economic transition, our findings suggest that any fundamental improvement in China's corporate governance will …

This book covers the first decade of economic reform in China by examining the various financial aspects of post … the early stages of economic and financial reforms in China, one can understand the way the China authority is conducting …

This paper examines the various sources of finance in promoting growth in post-reform China …

We study the reform of China’s state-owned enterprises (SOE) with a focus on the corporatization of SOEs. We first …

Using municipal cities during China’s reform era as the setting, we investigate how different aspects of financial …

Since China joined the WTO in 2001, the pressure for bank reforms has mounted as China ought to fully open up its … foreign competition can solve China's banking problem remains to be tested. This paper aims to answer this question through … fundamentals of the banks may be still weak. -- data envelopment analysis (DEA) ; efficiency ; banking ; China …