Corporate Accountability, Access to Credit, and Access to Markets in China's Financial System - the Rules and Their Ramifications for U.S. Investors
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In 2006, three of the four largest Chinese banks launched IPOs. Selling off a 10.5 percent stake in its business, the Bank of China issued over 25 billion shares raising $9.7 billion, ranking eighth in U.S. IPO history. This record level was invested despite corporate documents disclosing 75 cases of fraud and over $150 million in criminal conduct charges by employees. Chinese expansion into U.S. capital markets presents both opportunities and risks...
Format:Paperback
Language:English
ISBN:1497346932
ISBN13:9781497346932
Release Date:March 2014
Publisher:Createspace Independent Publishing Platform
Length:204 Pages
Weight:1.47 lbs.
Dimensions:0.5" x 8.5" x 11.0"
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