1. The Politics of China's Shareholding System
- Author:
- Mary Comerford Cooper
- Publication Date:
- 06-2003
- Content Type:
- Working Paper
- Institution:
- Walter H. Shorenstein Asia-Pacific Research Center
- Abstract:
- This paper considers two questions. First, why did the Chinese government establish stock markets? Second, how have political interests shaped the key features of these markets? Based on both interviews and statistical analysis, the paper argues that China's top Party-State leaders attempted to create stock market institutions that allow the state to maintain control over listed companies, and over “the market” as a whole.
- Topic:
- Economics and Government
- Political Geography:
- China, Israel, East Asia, and Asia