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As a part of the demutualization process, stock exchanges are transformed from a traditional membership (mutual …-profit type and as many as 40% are listed exchanges. But we cannot conclude that stock exchanges, after the demutualization … the functioning of the economy and society. …
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This paper investigates the relationship between ownership concentration and enterprise performance in Ukraine. Using data on 376 medium and large enterprises, it finds that ownership concentration is positively associated with enterprise performance in Ukraine. The paper also finds that...
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Israel’s compliance with International Organization of Securities Commissions’ objectives and Principles of Securities Regulation has been assessed. The regulatory regime is well developed and in most respects is comparable with that of major jurisdictions. For the most part, it is...
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