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investment transactions. Perhaps even more striking is the speed of China’s capital market growth. It took merely three decades … for China’s capital market to advance as the world’s second most meaningful market. Chinese firms—many of which are … obstructions, China’s illiberal governance system plays an important role in promoting market regularity, providing investors with …
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paper explores how Japanese enterprises adjust ownership structures in their affiliates as a portfolio in China. Empirical … results show that: both demand uncertainty and industry growth opportunity in China enhance Japanese enterprises' ownership …
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"This book represents an initial attempt to compare China, Japan, and South Korea, three close geographical and …
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We provide a firm-level analysis of the relation between corruption and growth for private firms and state-owned enterprises (SOEs) in Vietnam. We obtain three different measures of the perceived corruption severity from a 2005 survey among 741 private firms and 133 SOEs. Our analysis shows that...
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