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Transparency of China's Stock Market
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作者 Xie Ping, Director, Research Bureau, People’s Bank of China. E-mail: pingx@public.bta.net.cn. 《China & World Economy》 SCIE 2003年第3期47-50,共4页
Ⅰ. Transparency and Truthfulness: Theoretical BackgroundAccording to information restriction theory devel-oped by Stiglitz, the 2001 Nobel Prize winner ofeconomics, transparency can raise market efficiencyand reduce ... Ⅰ. Transparency and Truthfulness: Theoretical BackgroundAccording to information restriction theory devel-oped by Stiglitz, the 2001 Nobel Prize winner ofeconomics, transparency can raise market efficiencyand reduce trading cost.The past economics theory 展开更多
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