Conventional discourses on the perils of weak property rights vis-à-vis government takings have failed to account for and respond to the rent-seeking and inefficiency problems of government actions. Singapore, with its broad takings powers, coupled with express undercompensation, has not...

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In this paper, we analyze the different civil enforcement regimes of China, US and Taiwan to answer how China should reform her securities civil actions. Drawing on the latest scholarships and empirical studies, we examine the inadequacies of the US class actions in achieving the goals of...

Drawing on the Law & Religious Market theory, this Chapter utilizes the case study of China to explain 1) how regulation of ostensibly non-economically motivated activities (i.e., religion and charity) can be properly conceived as a form of market regulation; and, 2) how such a conception can...

When a government announces that an existing law will be amended and that the amendment, when finally enacted by the legislature, will be made effective from the announcement date, it is natural and inevitable that private entities will conduct their activities on the basis of the amended law...

We find that companies listed on China’s A-share market have a strong stock price performance within a month after IPO, and underperform a month later. Such a conclusion on the post-IPO performance is quite different from the prior research. We believe the phenomenon is mainly generated by...

Preferential treatment in government procurement, also known as procurement linkages, is a controversial yet popular tool to achieve socio-economic goals, most importantly, affirmative action for certain targeted groups. This Article utilizes the recently enacted small-medium enterprise...

Chinese Abstract:...