 Conclusion: Inclusive Institutions and the Future of Stock MarketsMehmet Baha Karan ()
Chapter Chapter 12 in A History of Stock Exchanges, 2025, pp 377-409 from Springer Abstract: Abstract After the liberal-industrial capitalist era, financial markets became more inclusive, and the importance of fair trade increased. However, big corporations and elites benefited from free trade. In the aftermath of the 1929 crisis, market regulations were introduced, culminating in financial reforms that aimed to achieve stability and financial inclusion within the sector. During the neoliberal period, financial markets underwent a process of liberalization, leading to increased speculative trading. Nevertheless, legislative and regulatory measures were implemented to safeguard investors and consumers. This transformation has significantly impacted corporate governance, leading to increased financial instability and wealth inequality. History demonstrates that corporate success is not achieved through a single regulation but through constant struggle and multifaceted balancing. Inclusive institutions must continue to evolve. While predicting future trends in financial markets is challenging, there is a possibility that artificial intelligence and digital technologies could steer markets toward a negative direction dominated by state or corporate control. Date: 2025 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-032-07788-2_12 Ordering information: This item can be ordered from DOI: 10.1007/978-3-032-07788-2_12 Access Statistics for this chapter More chapters in Contributions to Economics from Springer |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.