DocumentCode
2338080
Title
Institutional Biases against Privately-Owned Enterprises in China´s Stock Markets
Author
Li Guoping
Author_Institution
Dept. of Investment, Central Univ. of Finance & Econ., Beijing, China
fYear
2010
fDate
23-25 April 2010
Firstpage
1
Lastpage
4
Abstract
Lack of capital has long been a bottleneck for the growth of privately-owned enterprises in China. This article provides evidence that there have been institutional biases against privately-owned enterprises in China´s state-controlled going public process. Such institutional biases have largely shut privately-owned enterprises, which are actually better qualified for IPO than SOEs, out of China´s stock markets.
Keywords
stock markets; China stock markets; IPO; SOE; institutional biases; privately-owned enterprises; Companies; Councils; Finance; Government; Investments; Profitability; Security; Stock markets; Vehicles;
fLanguage
English
Publisher
ieee
Conference_Titel
Biomedical Engineering and Computer Science (ICBECS), 2010 International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-5315-3
Type
conf
DOI
10.1109/ICBECS.2010.5462316
Filename
5462316
Link To Document