Jiang, Dequan; Liang, Shangkun; Chen, Donghua - In: China journal of accounting research : CJAR 2 (2009) 1, pp. 71-99
formula are enforceable in practice. Taking the early reform-oriented policies of the China Securities Regulatory Commission … and that the SEO regulation did not affect stock market efficiency. These findings enhance our understanding of the … efficiency of government regulation in a transition economy. …