Title :
The Politicization of China´s Stock Market and Its Consequences
Author_Institution :
Dept. of Investment, Central Univ. of Finance & Econ., Beijing, China
Abstract :
China´s stock market is systematically politicized by the government to promote its political agendas. The mantra of “socialism” has turned the stock market into a mere fund-raising vehicle for failing SOEs. The legislation and enforcement of securities-related laws are subject to the will and wishes of the government. Such a systemic politicization of stock market has caused some serious consequences for China´s stock market and economic growth.
Keywords :
commerce; economics; politics; stock markets; China stock market politicization; economic growth; fund-raising vehicle; political agendas; securities-related laws; socialism; state-owned enterprises; Companies; Correlation; Government; Media; Security; Stock markets; China Securities Regulatory Commission; China´s stock market; SOEs; privately-owned enterprise;
Conference_Titel :
Information Technology and Computer Science (ITCS), 2010 Second International Conference on
Conference_Location :
Kiev
Print_ISBN :
978-1-4244-7293-2
Electronic_ISBN :
978-1-4244-7294-9
DOI :
10.1109/ITCS.2010.27
