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- W2383368995 abstract "The restrictions of financial justice on securities litigation caused by judicial resource constraint,local judicial protection and judicial operation inertia,are embodied in the screening mechanism before accepting cases,additional conditions concerning acceptance,mediation preference,and so on.Exclusive justice is an important institutional reason for frequent occurrence of violations of the laws in capital market.The double expectation of frequent occurrence of violations of the laws and the absence of judicial protection strengthens investors' preference for avoidance strategy and results in bad consequences such as excessive market fluctuations,the increase in transaction costs and the reduction in resource allocation efficiency.Current judicial policies are fundamentally in contradiction to the aim of financial development in China,and inclusive justice should become the aim of financial justice reform." @default.
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- W2383368995 date "2012-01-01" @default.
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- W2383368995 title "The Examination and Improvement of Exclusive Financial Justice" @default.
- W2383368995 hasPublicationYear "2012" @default.
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