From April 3rd to April 17th 2006, the Institute of Economics at Tsinghua University invited Mr. Xiangmin Liu, who is a fellow at the Center for Business & Government of John F. Kennedy School of Government, Harvard University to teach a short course on law and finance. Mr. Liu graduated from Peking University with a degree in economics and received his JD from Yale University. Now Mr. Liu is an attorney specializing in complicated corporate and financial legal matters in the leading law firm Ropes & Gray in Boston and the President for the U.S. China Law Society, which is an organization that promotes legal reform and the rule of law in China.
During this short course, Mr. Liu introduced the development in the field of law and finance and reviewed the leading literature in this field. This class is open to graduate students in law, economics, finance, and other general social science disciplines. The course focused on several major aspects of the subject: theory of capital markets, introduction to empirical methods in finance, theory of the firm, board of directors, takeovers, shareholder activism, financing the corporation and comparative corporate governance. In addition, two discussion sessions were held to discuss the current research in the field of law and finance. At the second discussion session, Mr. Liu invited Dr. Changneng Xuan, who is Corporate Secretary of the China Construction Bank, to share his first-hand experience on how to transform state-owned commercial banks into modern joint stock companies and the future of China’s banking reform.
Mr. Liu’s research focuses on law and finance, law and development and financial reform in China and has published several articles both in Chinese and English, on topics ranging from public sector reform and judicial reform to corporate governance and securities law.
