Ma, Jingyun; Song, Fengming; Yang, Zhishu - In: Journal of Financial Regulation and Compliance 18 (2010) 2, pp. 158-177
Purpose – The purpose of this paper is to examine the evolution of China's securities market regulation from 1980 to 2007 and the dual role of the government in this process. Design/methodology/approach – When the government is simultaneously the owner and regulator of the securities market,...