The key to the illiquid share problem is to set up the transitional share market.

This paper empirically analyzes the influence of non-circulating equity ownership,financial deepening structure and commodity price index on PER.

The phenomenon of shares partition universally occurring in the listed companies in China inevitably results in the manipulation of the accounting surplus by the means of earnings management,thus influencing the accounting information quality and damaging the interests of shareholders holding tradable shares.

through games circulating right is achieved by non-tradable share holders paying consideration to tradable share holders.

An empirical research on whether MBO create wealth for public shareholders;

On the protection of public shareholders in the reform of the split share structure;