Reverse mergers offer a quick and reliable way to gain access to the American capital markets. The ease of a reverse merger, however, also provides a loophole for nefarious actors to defraud investors. Despite Chinese companies systemically utilizing reverse mergers to defraud American capital markets of $34 billion between 2007 and 2010, regulation has yet to properly address the issue.
Zimmer, Benjamin; Rodgers, Joseph Balmain; Tripsa, Brian (2020). Shell Games: Chinese Reverse Merger Fraud. Mosbacher Institute for Trade, Economics & Public Policy. Available electronically from https://hdl.handle.net/1969.1/188109.
The following license files are associated with
this item: