Fund governance research

Author: Bei Zhengxin et al.
Publisher:
Publish Date: 2006-12-01
Features: Since the late 20th century, China's fund industry has been in a phase of rapid development. This trend is beneficial to the sustainable development of China's securities market and also facilitates its alignment with international standards. However, quantitative expansion does not equate to qualitative improvement. The improvement of fund governance is the cornerstone of the stable development of the fund industry, and it is an important issue that requires research and resolution from both theoretical and practical perspectives. This book consists of three parts and eleven chapters, excluding the introduction. It is divided into three sections: an overview of overseas fund governance, research on internal fund governance, and research on external fund governance. It primarily elaborates on: an overview of the governance of contractual funds in the UK, Japan, Germany, and the governance of corporate funds in the US; research on fund incentive mechanisms, constraint mechanisms for contractual and corporate funds; market competition and fund governance, fund governance and fund ratings, and fund supervision and fund governance. This book can serve as a reference for financial professionals, as well as for students and teachers in economic management majors for practical and learning purposes.