The Economics of Demutualization: An Empirical Analysis of the Securities Exchange Industry

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The Economics of Demutualization: An Empirical Analysis of the Securities Exchange Industry - Harhoff Ph D, Prof Dietmar (Foreword by), and Treptow, Felix
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Whenever an economic institution is being transformed, researchers have an unusual opportunity to study causes and effects of the transformation and to test the economic theory related to the institution itself. Over the course of the last decade the global securities exchange industry has undergone such a tremendous change. Stock exchanges have demutualized and have turned into for-profit entities. Securities exchanges play a crucial role in modern market economies. They provide market participants with financial ...

The Economics of Demutualization: An Empirical Analysis of the Securities Exchange Industry 2006, Deutscher Universitatsverlag, Wiesbaden

ISBN-13: 9783835004696

2006 edition

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