Listed company supervision and value creation

Author: Yang Hua
Publisher:
Publish Date: 2004-09-01
Features: This book explores how to integrate the concept of listed company supervision into the unified philosophy of securities and futures market supervision. Through the construction of concepts, methods, principles, and objectives of listed company supervision, it helps companies achieve sustainable competitiveness based on regulation. As one of the most successful features of the book, the author discusses regulatory issues and corporate value creation at the same level, making supervision more approachable. The book also devotes significant to discussing new issues and emerging behaviors in the market, covering topics such as MBO (Management Buyout), share buybacks, rights offerings, targeted share reductions, delisting, the protection of rights of shareholders, and the role of state-owned equity in the securities market. Some of these issues only emerged in 2004, but the author analyzed them in a timely manner. Due to its sufficient foresight and timeliness, the book has made valuable breakthroughs in applying institutional economics theory and public administration theory to observe and analyze financial supervision.