Based on a manual compilation of the 87 opening price manipulation cases disclosed by the China Securities Regulatory Commission (CSRC) in the 11 years from January 2009 to December 2019, this paper compares manipulated stocks in the study group against control group stocks which display a...

This paper analyzes the relationship between the proportion of institutional investors' shareholding and the probability of stock manipulation using 252 cases of manipulation disclosed in public administrative penalty decision of the China Securities Regulatory Commission (CSRC) from 2007 to...