投资金融WillChineseStockMarketsMirrortheBehaviouroftheNASDAQ(英文)(ppt 32页)

3 QUESTIONS RAISED
HOW TO DEFINE A “WELL REGULATED MARKET”?
WHAT RELEVANCE A PRICE/EARNINGS RATIO?
IF INSTITUTIONAL FUNDS ARE A STABILISING FACTOR FOR THE STOCK MARKET, WHY ARE DEVELOPED MARKETS SO VOLATILE?
The Financial Markets are Dynamic
Business is “Proactive”
But Regulators are “Reactive” not “Proactive
The System of Regulation and Enforcement can never be completely Flexible and Dynamic
Importance of Fiduciary Responsibility
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