Title :
Research on Enactment of Regulatory Policy, Investor Protection and Market Reaction
Author_Institution :
Sch. of Bus., Central South Univ., Changsha, China
Abstract :
It has been proven theoretically and practically that stock market regulation is very important in a developing economy for investor protection and stock market development. This article uses theories from behavioral economics to analyze the influence from enactment of regulatiory policy on market reaction. Results show a substantial influence on investors´ behavior from enactment of stock market regulation in China, and different regulations yield significant variations in market reaction.
Keywords :
stock markets; behavioral economics; investor protection; market reaction; regulatory policy; stock market development; stock market regulation; Companies; Corporate acquisitions; Government; IEEE news; Indexes; Stock markets;
Conference_Titel :
Management and Service Science (MASS), 2010 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-5325-2
Electronic_ISBN :
978-1-4244-5326-9
DOI :
10.1109/ICMSS.2010.5575957
