"The focus of the global economy is increasingly shifted towards 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...

Introduction to the experiences and challenges in the development of the Chinese capital market / Douglas Cumming, Alessandra Guariglia, Wenxuan Hou, and Edward Lee -- Information asymmetry and the diversification discount : evidence from listed firms in China / Michael Firth, Man Jin and...