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Over the past few years the gaming industry of Macau grew at a rapid pace, being the only place in China where gambling …, recent economic and political issues have caused a major slowdown in gambling revenues for Macau, and some foreign investors …
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There is substantial evidence indicating that stocks with lottery-like payoffs have lower returns. Unlike existing studies that focus on the role of investors’ behavior in accelerating the lottery premium, we propose that investors’ social preference toward corporate social responsibility...
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Intro -- Betting on China: Chinese Stocks, American Stock Markets, and the Wagers on a New Dynamic in Global Capitalism … -- Contents -- Acknowledgments -- Preface -- Chapter 1 Wagers of the Dance: China, America, and the Interplay of Public Equity … -- A Hierarchy of Financial Footwork -- IPOs for Cash-out and Cash-in -- A Ground-Level View -- U.S. China Issuances …
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