Overview

This book investigates two issues that have been slowing down the development of equity capital markets in transition economies - slow progress with privatisation and the lack of shareholder rights. Both problems are illustrated with data for the largest publicly traded Russian firms. Furthermore, two theoretical models are developed to offer insights into the nature of both problems. The principal conclusion is that partial privatisation as well as the lack of shareholder rights are likely to be only a temporary phenomenon and both problems are likely to be mitigated as the transition process advances. The book should enhance the understanding of academics as well as policy makers and practitioners of potential pitfalls in fostering the development of equity markets in transition economies as well as developing countries.

Full Product Details

Author:   Dirk Willer
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint:   Physica-Verlag GmbH & Co
Edition:   Softcover reprint of the original 1st ed. 1999
Dimensions:   Width: 15.50cm , Height: 0.70cm , Length: 23.50cm
Weight:   0.240kg
ISBN:  

9783790811988

ISBN 10:   379081198
Pages:   128
Publication Date:   20 May 1999
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand  
We will order this item for you from a manufactured on demand supplier.

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