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A Comparative Consideration on Share Markets Exclusively Used by Small & Medium Business - Centering on the Comparison between ChiNext Market in China and KONEX Market in Korea -

  • DONG-A LAW REVIEW
  • 2013, (61), pp.249-277
  • Publisher : The Institute for Legal Studies Dong-A University
  • Research Area : Social Science > Law

Yang Byoung Chan 1

1서남대학교

Accredited

ABSTRACT

Financial aid and capital market organization for the sake of upbringing and developing small & medium venture business are important subjects which we have to treat of at the national dimension. China and Korea establish and operate ChiNext market and KONEX market, share markets for small & medium venture business, respectively. ChiNext market and KONEX market, different in establishment time and back ground, regulate differently due to the difference in listing requisite, announcement requisite, listing abolition requisite, and investor protection institute. It may be meaningless to discriminate excellence in market institutes by comparing them. But, it may be meaningful to check up the way to make up for the regulations so that we can differentiate the markets, according to the problems which possibly arise in KONEX market. It is not so long before regulation is established, after our KONEX market is established. So, it is hard to try make a difference in institutes right now. For the time being, it is necessary for the persons concerned in markets to observe market situation, do their best, and research the various ways to approach to related institute.

Citation status

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