Wenxuan Hou - Böcker

In the past China’s capital market featured prevalent state ownership and a weak legal environment. It has, however, achieved very substantial development in the past two decades. China has surpassed Japan as the world’s second-largest stock market and has also emerged as a leading player in green bonds and Fintech markets. The chapters in this book provide insights on Chinese listed firms and advance the understanding of China’s unique institutions. Some important questions are covered including the governance role of foreign investors in partially privatized firms, the financial implications of political connections, the "Chinese model" of commercial banks and regulatory reforms that promote the marketization of the stock markets, among others. These studies have important implications for other emerging economies, on the recent China-US trade conflicts and about the Trump administration's complaints about the role of the Chinese government in capital markets.This book selectively includes the most influential articles from two special issues of The European Journal of Finance, which were based on selections of papers presented at a series of conferences on the Chinese Capital Markets.

In the past China’s capital market featured prevalent state ownership and a weak legal environment. It has, however, achieved very substantial development in the past two decades. China has surpassed Japan as the world’s second-largest stock market and has also emerged as a leading player in green bonds and Fintech markets. The chapters in this book provide insights on Chinese listed firms and advance the understanding of China’s unique institutions. Some important questions are covered including the governance role of foreign investors in partially privatized firms, the financial implications of political connections, the "Chinese model" of commercial banks and regulatory reforms that promote the marketization of the stock markets, among others. These studies have important implications for other emerging economies, on the recent China-US trade conflicts and about the Trump administration's complaints about the role of the Chinese government in capital markets.This book selectively includes the most influential articles from two special issues of The European Journal of Finance, which were based on selections of papers presented at a series of conferences on the Chinese Capital Markets.

Empirical evidence from cutting-edge research into the experiences and challenges of entrepreneurial activities and small business issues within China.

Sustainable Entrepreneurship in China provides empirical evidence and cutting-edge research into topical business ethics issues relating to entrepreneurship, corporate governance, and institutional reforms in China.

The focus of the global economy has increasingly shifted toward China and emerging countries. However, despite their high growth prospects, emerging economies often lack the sound capital market and corporate governance systems necessary to promote the efficient allocation of financial resources to maintain the confidence of capital providers.

Microfinance has been hotly debated by ever-colliding camps of ardent supporters, who believe that microfinance addresses credit market failures and provides a durable answer to the problem of the poverty, and staunch critics, who argue that lending by microfinance institutions is wasteful, and the interest rates are too high.

Microfinance has been hotly debated by ever-colliding camps of ardent supporters, who believe that microfinance addresses credit market failures and provides a durable answer to the problem of the poverty, and staunch critics, who argue that lending by microfinance institutions is wasteful, and the interest rates are too high.

This book presents an overview of the development of digital finance. It covers various aspects of digitalfinance, including its definition, evolution, and importance in modern economics. It explores the interdisciplinary perspective of digital finance and its relationship with capitalism, and discusses the key factors influencing the development of digital finance, as well as the challenges and opportunities it faces. It also offers practical insights into digital finance, such as the innovative digital financial models andplatforms and the strategies of digital transformation in commercial banks. What is new about this approach is that the book takes a holistic view of digital finance, covering not only its economic and financial aspects but also its social and environmental impacts. It also offers a critical evaluation of the challenges and opportunities in digital finance from a global perspective. In this book, authors look into the impact of digital finance in various fields, such as monetary theory, wealth management, central bank digital currency, international monetary system, and network security and data privacy.