This book takes a law and economic approach to examine the securities
law enforcement in China and provides an in-depth empirical analysis on
the enforcement inputs and outputs. In contrast to previous studies, it
systematically collects a large sample of judicated securities fraud
cases and public sanctions as disclosed by the listed companies. The
enforcement regime is further divided into the private enforcement
exemplified by the civil litigation imitated by harmed investors and
public enforcement by sanctions proceedings initiated by public
agencies.
Academic researchers, policy makers and practitioners, who are
interested in the securities market and regulation could find the
information provided in this book interesting.