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 …

detriment of employees, society, and, yes, shareholders.The potential harm from social benefit entities and eroding director …

We develop a model to illustrate that controlling shareholders choose the level of investor protection that maximizes … their own interests. Controlling shareholders in companies with complicated control structures can easily extract private …, controlling shareholders in companies with valuable growth opportunities are willing to improve investor protection so that they …

This chapter aims to analyze the regulation of robo-advisors in mainland China and give suggestions for its future …-advisors in China has been facilitated by some local factors, such as strong consumer demand and a rapidly rising middle class … consideration of relevant overseas experiences and Chinese local conditions, this chapter argues that China should allow robo …

expertise in many disciplines. To solve this challenge, most countries, apparently including China, seem to have adopted the …. This paper, however, argues that the Western model is far from globalized. China, in particular, has created and advanced …