Institutional Change and Investor Behavior - An Empirical Study of the Chinese Stock Market

Author: Lu Hua
Publisher:
Publish Date: 2006-07-01
Features: Government, enterprises, and investors are the three main participants in the stock market. This book primarily focuses on the relationship between institutional changes in China's stock market and investor behavior. As an important subject of institutional supply, the behavioral characteristics of the government and its impact on institutional changes are also key aspects of this book's research. It emphasizes the interactive relationship among the government, investors, and institutional changes in China's stock market. From the perspective of institutional origin, it also explores the background, reasons, and relationship between the emergence of China's stock market and investor participation. Additionally, it elaborates on the interactive relationship between the general institutional characteristics of the stock market and investor behavior, as well as the interactive dynamics among the government, investors, and institutional changes in the stock market under transition conditions. The formation of China's stock market is a product of the combination of China's stock system reform and financial system reform. After more than a decade of development, China's stock market has become an important component of the national economy. Investors are the key...