Introduction to the Economics of Joint Stock System

Author: Yu Jiwei
Publisher:
Publish Date: 2004-09-01
Features: The newly compiled Economics series textbooks are planned, edited, and published by Fudan University Press. This series invites renowned economists from key universities across China, including Fudan University, Shanghai University of Finance and Economics, East China Normal University, Shanghai Jiao Tong University, and Zhejiang University, to write the content, covering all major economics courses and key specialized subjects. The series not only includes the fundamental theories and classic ideas of economics but also reflects the latest dynamics and cutting-edge activities in economic research, combining theoretical depth with practicality. It blends innovative and lively characteristics with rigorous and objective approaches. The textbooks have been widely adopted and praised by faculty and students of finance and economics schools and comprehensive universities across the country.
The newly compiled Economics series textbooks are planned, edited, and published by Fudan University Press. This series invites renowned economists from key universities across China, including Fudan University, Shanghai University of Finance and Economics, East China Normal University, Shanghai Jiao Tong University, and Zhejiang University, to write the content, covering all major economics courses and key specialized subjects. The series not only includes the fundamental theories and classic ideas of economics but also reflects the latest dynamics and cutting-edge activities in economic research, combining theoretical depth with practicality. It blends innovative and lively characteristics with rigorous and objective approaches. The textbooks have been widely adopted and praised by faculty and students of finance and economics schools and comprehensive universities across the country.
The fourth edition of this book primarily discusses the emergence and development of shareholding economies; the characteristics of socialist shareholding systems and different forms of shareholding economies; the relationship between shareholding economies and reforms; joint-stock companies, stocks, and stock markets; corporate governance structures and employee stock ownership plans; corporate mergers and acquisitions and their regulatory frameworks; investment funds; securities investment; stock exchanges, securities markets, and their supervision.
The fifth edition, based on the fourth edition, has been revised and expanded, adding chapters such as "The New Economy, Modern Finance, and Securities Capital Markets," "Improving Executive Incentive Mechanisms and Cultivating Professional Entrepreneurs," and "Independent Director System," making the overall content even richer.