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In this paper we demonstrate that the measurement of stock market efficiency is an important activity in establishing whether eastern European countries satisfy the Copenhagen Criteria for EU membership. Specifically, we argue that developing an efficient stock market should be an important...
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a combination of the latecomer status of the region’s transnational corporations and the transition shock can explain …
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transition strategies, FSU countries can be divided into three groups, which reflect variations in institutional control of the … transition process in FSU countries that may complement that shown in existing literature. Copyright Kluwer Academic Publishers …
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