Understanding Investment Banking Practices

Jesper Blomberg, Hans Kjellberg and Karin Winroth
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Jesper Blomberg: Stockholm School of Economics
Hans Kjellberg: Stockholm School of Economics
Karin Winroth: Södertörn University

Chapter 1 in Marketing Shares, Sharing Markets, 2012, pp 1-20 from Palgrave Macmillan

Abstract: Abstract This book is about stock markets and the professionals that engage with them. Not long ago, financial markets were epitomized by the stock exchange, a physical floor where traders communicated about, and engaged in market transactions on behalf of, buyers and sellers. Developments during the past 25 years or so, however, have fundamentally reshaped the financial markets; these include the liberalization of national regulatory frameworks and the transformations caused by digitization (Sassen, 2005). The result has been a tremendous growth in the number of transactions, the number of products, the number of markets and, not least, in the value of financial assets worldwide.

Keywords: Stock Market; Market Share; Stock Exchange; Expert Group; Boundary Object (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1057/9780230361621_1

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