DocumentCode
2094792
Title
Notice of Retraction
Endogenous Public Regulation in the Marketization of Credit Industry
Author
Xie Li ; Luo Nengsheng
Author_Institution
Coll. of Econ. & Trade, Hunan Univ., Changsha, China
fYear
2009
fDate
20-22 Sept. 2009
Firstpage
1
Lastpage
4
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
According to the credit market efficiency loss theory, this paper introduces public regulation, which is born in credit market endogenously, will solve the lemons effect in credit market. It further proves that complete government leading has hindered the development of credit industry, as excessive intervention and over-regulation will incentive enterprises not to produce high quality products , and ultimately increase the government´s own financial burden.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
According to the credit market efficiency loss theory, this paper introduces public regulation, which is born in credit market endogenously, will solve the lemons effect in credit market. It further proves that complete government leading has hindered the development of credit industry, as excessive intervention and over-regulation will incentive enterprises not to produce high quality products , and ultimately increase the government´s own financial burden.
Keywords
marketing; public finance; credit industry development; credit industry marketization; credit market efficiency loss theory; endogenous public regulation; governments financial burden; high quality product production; Companies; Decision making; Educational institutions; Forward contracts; Government; Industrial economics; Information analysis; Standards development;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-4638-4
Type
conf
DOI
10.1109/ICMSS.2009.5301846
Filename
5301846
Link To Document