The research presented here focuses on four issues. First, it constructs more measures or criteria of stock market development than any previous study. It compares liquidity, concentration, volatility, institutional development, and international integration across forty-four industrial and developing countries from 1976 to 1993. Besides identifying general characteristics of these measures and defining stock market development empirically, these...
انظر المزيد
تفاصيل
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1996/5/01
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مقال بمجلة علمية
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77121
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1
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1
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2013/5/14
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Disclosed
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Stock markets, corporate finance, and economic growth : an overview
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stock market