Modern Finance (Theoretical Exploration and Chinese Practice, Issue 5)

Author: Wu Xiaoqiu, Editor-in-Chief
Publisher:
Publish Date: 2005-10-01
Features: Capital Market Review was launched in January 2000 and is an internal academic journal sponsored by the Institute of Finance and Securities Research at Renmin University of China, focusing on trend research. It is edited by Professor Wu Xiaoqiu, with articles primarily based on the research findings of experts and scholars from FSI. Capital Market Review Essentials is a collection of outstanding articles published in Capital Market Review. To examine market efficiency and explore the essence of investment was the original intention of the founders of Capital Market Review, and also the purpose of publishing Capital Market Review Essentials. The term "examination" does not merely advocate criticism or negation but rather involves careful reflection, responsibility, and suggestions. Capital Market Review Essentials uses the light of thought to illuminate the history and present of the capital market, guiding its future with the fire of wisdom. With a rational humanistic spirit and a perfect, practical spiritual perception, it seeks to explore the essence of investment. This book collects outstanding articles published in Capital Market Review since January 2004. Some of these articles explore the evolutionary characteristics of modern finance from the perspective of capital market development; others compare and contrast different financial models from a diverse perspective; some examine the qualitative definitions of modern finance from a theoretical foundation; others discuss and analyze current financial policies, especially those related to the capital market, starting from reality; and some summarize the experiences and lessons of mature market economy countries in the field of finance. These articles reflect the authors' exploration and reflections on modern finance, especially the capital market.