by Lum Ka-Yee. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1999. / Includes bibliographical references (leaves 34-37). / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- REFORM OF LEGAL SYSTEM --- p.5 / Stages of legal reform --- p.6 / Legal framework --- p.9 / Features of legal system --- p.12 / Chapter III. --- ROLES OF LEGAL INSTITUTION --- p.16 / Institutionalization of economic reform --- p.16 / Protection of property rights of foreign investors --- p.17 / Reduction of transaction costs --- p.19 / Catalyst of changes within the legal organization --- p.23 / Catalyst of informal institutional changes --- p.24 / Chapter IV. --- PROBLEMS OF LEGAL SYSTEM --- p.26 / Incomplete legal framework --- p.26 / Lack of transparency in approval --- p.27 / Lack of consistency --- p.29 / Enforceability of law and contracts --- p.30 / Chapter V. --- CONCLUSION --- p.32 / BIBLIOGRAPHY --- p.34

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