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China's impressive economic development and success are attracting the attention of academics, policy makers and practitioners around the world. Due to its unique institutional background, the corporate structure and governance of Chinese firms are very different from those in developed markets. Furthermore, fast growth of the Chinese economy and regulatory changes make Chinese studies on corporate finance and governance outdated quite quickly. This e-book contributes to our understanding of the corporate finance and governance practice and recent developments in China.The papers in this special issue provide detailed discussions on the unique institutional features in the Chinese capital market and how these features shape corporate behaviour and governance in China.
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