Are the Institutions of the Stock Market and the Market for Corporate Control Evolutionary Advances for Developing Countries?

Ajit Singh

Chapter 21 in Macroeconomics, Finance and Money, 2010, pp 311-326 from Palgrave Macmillan

Abstract: Abstract This chapter explores the question to what extent, if any, the institution of the stock market is likely to benefit the real economy in developing countries and aid their industrialization. This question is examined here by focusing on the following aspects that are salient to the assessment of the stock market from a developmental perspective:

Keywords: Stock Market; Corporate Governance; Venture Capital; Share Price; Price Process (search for similar items in EconPapers)
Date: 2010
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Working Paper: Are the Institutions of the Stock Market and the Market for Corporate Control Evolutionary Advances for Developing Countries? (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28558-3_21

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DOI: 10.1057/9780230285583_21

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