Cyndi Man Zhang

  • Permalink Gallery

    How Chinese firms reacted when told to change their share ownership structures

How Chinese firms reacted when told to change their share ownership structures

Lujiazui Finance and Trade Zone, by Suvcon, under a CC-BY-2.0 licence
You probably know that many new rules were put in place soon after the 2008/2009 financial crisis in order to prevent excessive risk taking and ethically questionable transactions by the financial sector. Did the banks follow the rules? The obvious answer would be yes, at least for many people. Banks […]

  • Permalink Gallery

    Chinese managers used to state control have a hard time acting as capitalists

Chinese managers used to state control have a hard time acting as capitalists

China has undergone a series of reforms to make the economy more market oriented, with a major step being the 1999 Securities Law that established rules for stock markets and listed firms. Along with the market reforms, the state also engaged in firm reform, where key element were allowing easier founding and growth of firms with no state ownership, […]