Does private enforcement of securities law work in China? Does it have any advantages, when it is compared with other regulatory mechanisms, e.g. public enforcement and self-regulation? This article critically discusses these questions. Firstly, by some case studies, it exploits recent...

This is the first comprehensive research on the regulatory behaviours of the China Securities Regulatory Commission (CSRC). We investigated the CSRC's regulation of sponsors through a historical perspective to determine its general regulatory strategy and the underlying motivations. We found...