Corporate Accountability, Access to Credit, and Access to Markets in China's Financial System - the Rules and Their Ramifications for U.S. Investors

by U.S.-China Economic and Security Review and U.S.-China Economic and Security Review Commission

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"