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Initiative on Capital Markets,
Institutions and Governance in China
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Last Updated on
07/18/03 |
The Yale SOM initiative on capital markets, institutions and
governance in China is a program to study the history and current issues
of market development, and to disseminate ideas for further economic and
institutional reforms, in China.
Zhiwu Chen
and
William Goetzmann started this initiative and will continue to lead
this effort.
Yale’s intellectual engagement with China’s financial development
dates back to the 19th Century, when Yung Wing, famous Chinese economic
reformer and 1854 graduate of Yale College, proposed the joint-stock financing
of a domestic Chinese steamship transportation company to the governor
of Jiangsu province in 1867. His vision became the basis for China’s
first domestically-owned modern corporation, The China Merchant’s
Steamship Navigation Company, and the beginnings of a stock market in
China. Click Here for more
background information.
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* To view the content correctly, your web browser needs to have
Chinese language support.
If you are still experiencing a difficulty, please
click here for
troubleshooting. |
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© 2002-2003 Yale University, School of Management |
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