Economic Analysis of Ownership Configuration and Institutional Change

Author: Xiong Zhengping
Publisher:
Publish Date: 2004-09-01
Features: This book takes the contractual structure of ownership, the allocation of rights and interests, and institutional changes as its research objects, employing the research method of institutional holism. It conducts an in-depth study of the contradictory movement of ownership, the main factors influencing the allocation of ownership, and the interrelationship between capital operations and the allocation of ownership at three levels: the equilibrium of ownership allocation in enterprises, the equilibrium of ownership and property rights, and the equilibrium of ownership movement and the institutional environment. Based on this, the book also starts with the phenomenon of functional alienation in China's capital market, focusing on several difficult and hot issues in the development of China's capital market. It proposes policy recommendations to promote the optimization of ownership allocation, construct and optimize the micro-foundations of the capital market, and continuously improve the ownership system through the standardized development of the capital market.