| Author: | Cao, Yujun Li, Huaizu |
| Title: | Economic analysis of fraudulent conduct (original in Chinese) |
| Journal: | Modern Economic Science (c)
1998 : 3, p.40-44 |
| Index terms: | FRAUD FRAUDULENT TRADING |
| Language: | chn |
| Abstract: | Fraudulent conduct is one kind of market transaction act with an aim at seeking super gains on transactions by making use of the other side's disadvantage in information or contracts. The reason for it is that trickers lured by fraudulent gains don't bear sufficient fraudulent cost. The plenomena of serious frand in China at present may be attributable to the following: The measures taken by the government for fighting against fraud are not effective. The subject of transactions is not qualified. The cost of information is high and information is not true to the original. In view of the above, we should strengthen the construction of legal system, standardize the behavior of the government and cultivate the qualified subject of transactions. |
SCIMA