Title: A New Explanation on Cross-border Fund Property Rights
Abstract:This paper investigates cross-border fund property rights from four perspectives:investor,manager,staff and government.Both the fund and the firm have four kinds of property rights,i.e.direct,indirect...This paper investigates cross-border fund property rights from four perspectives:investor,manager,staff and government.Both the fund and the firm have four kinds of property rights,i.e.direct,indirect,material and value property rights.For the fund,its property rights are isolated and belong to independent parties,which is the basis for cross-border management and financing.Cross-border funds need to innovate their systems and regulate owners' behavior to decrease internal transaction costs and restructure their governance.Read More
Publication Year: 2007
Publication Date: 2007-01-01
Language: en
Type: article
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