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China’s STAR market (Shanghai Stock Exchange Science and Technology Innovation Board) is its newest stock market, which …
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We investigate the effect of stock market on firm innovation via the len of initial public offering (IPO) using a uniquely matched Chinese firm-level data. Using the difference-in-difference approach, together with the propensity score matching algorithm to construct the treatment and control...
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This paper introduces and analyses China's latest reform of capital markets law in light of its recent launch of the … been the latest regulatory experiment in China's capital market to facilitate fundraising for high-tech enterprises. China … to obtain a listing in China's economic heartland. Shanghai is said to become a top financial centre in the 2020s …
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