Barbu, Teodora Cristina; Obreja, Carmen; Olteanu, Ana … - In: Theoretical and Applied Economics 12(541)(supplement) (2009) 12(541)(supplement), pp. 583-590
Strengthening markets is a defining process of globalization and financial deregulation which reconfigured stock exchange in the world. Choosing consolidated financial architecture allows optimization of market liquidity. Thus, cost of capital for issuers is even lower as the liquidity of the...