Modern Finance (Theoretical Exploration and Chinese Practice, Issue 4)

Author: Wu Xiaoqiu, Editor-in-Chief
Publisher:
Publish Date: 2004-12-01
Features: Capital Market Review was established in January 2000 and is an internal academic journal sponsored by the School of Finance and Securities Research (FSI) at Renmin University of China, focusing primarily on trend research. It is edited by Professor Wu Xiaoqiu, with articles mainly derived from the research findings of experts and scholars at FSI. Essentials of Capital Market Review is a collection of selected articles published in Capital Market Review. "Examining market efficiency and exploring the essence of investment" is the original intention of the founders of Capital Market Review and also the purpose of publishing Essentials of Capital Market Review. The term "examining" does not merely advocate criticism or negation but rather involves careful reflection, responsibility, and suggestions. Essentials of Capital Market Review uses the light of thought to illuminate the history and present of the capital market, guiding its future with the fire of wisdom. It seeks to explore the essence of investment with a rational humanistic spirit and a practical, insightful approach. This collection includes articles published in Capital Market Review since January 2003. Some of these articles explore the evolutionary characteristics of modern finance from the perspective of capital market development; others study the similarities and differences of various 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, particularly those of the capital market, based on 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.