• 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