literature Comparative English original

The Legal and Institutional Preconditions for Strong Securities Markets

Classic account of the legal and institutional supports needed for strong securities markets, including disclosure, enforcement, investor remedies, and controlling-shareholder constraints.

Use It For

Use this as a comparative framework for asking what legal infrastructure Chinese capital markets require.

Teaching Notes

It is not China-specific, which is exactly why it helps: students can test its general claims against China’s institutions.