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

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

Paperback

Series: Innovation Und Entrepreneurship

AccountingInvesting & Finance

ISBN10: 3835004697
ISBN13: 9783835004696
Publisher: Deutscher Universitatsverlag
Published: Jul 26 2006
Pages: 113
Weight: 0.39
Height: 0.30 Width: 5.83 Depth: 8.27
Language: English
Felix Treptow examines the changing relationship between exchanges and issuers, analyses the micro- and macroeconomic drivers of the demutualization decision, and investigates its impact on market liquidity. He presents a detailed analysis of both the determinants as well as the consequences of the demutualization of securities exchanges.

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