Narrow search
Showing 1 - 10 of 732
Cover Image
Does inter-market competition lead to less regulation?
Draus, Sarah - 2010
This paper presents a model to analyze the consequences of competition in order-flow between a profit maximizing stock exchange and an alternative trading platform on the decisions concerning trading fees and listing requirements. Listing requirements, set by the exchange, provide public...
Persistent link: https://www.econbiz.de/10010303703
Cover Image
The integration of stock exchanges: The case of the Latin American Integrated Market (MILA) and its impact on ownership and internationalization status in Colombian brokerage firms
Yepes-Rios, Beatriz; Gonzalez-Tapia, Kelly; … - In: Journal of Economics, Finance and Administrative Science 20 (2015) 39, pp. 84-93
This paper describes the changes in ownership and internationalization of the brokerage firms in Colombia as a result of the regional integration process of its stock exchange market through the Latin American Integrated Market (MILA). It proposes that the integration of stock exchanges...
Persistent link: https://www.econbiz.de/10011859377
Cover Image
The persistence of ownership inequality: Investors on the German stock exchanges, 1869-1945
Lehmann-Hasemeyer, Sibylle H.; Neumayer, Andreas - 2018
We study the ownership structure of joint-stock firms for the period of 1869 to 1945 based on a unique hand-collected data set. The data covers a selection of 785 general meetings of 276 firms, including details of more than 10,000 investors. We show that after the hyperinflation of 1923, when...
Persistent link: https://www.econbiz.de/10011903582
Cover Image
The persistence of ownership inequality. Investors on the German stock exchanges, 1869 – 1945
Lehmann-Hasemeyer, Sibylle H.; Neumayer, Andreas - 2018
We study the ownership structure of joint-stock firms for the period of 1869 to 1945 based on a unique hand-collected data set. The data covers a selection of 785 general meetings of 276 firms, including details of more than 10,000 investors. We show that after the hyperinflation of 1923, when...
Persistent link: https://www.econbiz.de/10012263135
Cover Image
Financial system specialization and private research and development expenditure: Research for OECD countries
Méndez-Morales, Edgard Alberto; Yanes-Guerra, Carlos … - In: Journal of Economics, Finance and Administrative Science 26 (2021) 51, pp. 41-60
Purpose: The purpose of this paper is to analyse the role that different financial sources and financial specialization have on private research and development (R&D) activity in OECD countries. Design/methodology/approach: The authors developed several panel regressions choosing as a final...
Persistent link: https://www.econbiz.de/10013192192
Cover Image
Stock market analysis: A review and taxonomy of prediction techniques
Shah, Dev; Isah, Haruna; Zulkernine, Farhana - In: International Journal of Financial Studies 7 (2019) 2, pp. 1-22
Stock market prediction has always caught the attention of many analysts and researchers. Popular theories suggest that stock markets are essentially a random walk and it is a fool's game to try and predict them. Predicting stock prices is a challenging problem in itself because of the number of...
Persistent link: https://www.econbiz.de/10013200204
Cover Image
Modeling the Optimal Portfolio: the Case of the Largest European Stock Exchanges
Aliu, Florin; Nuhiu, Artor; Krasniqi, Besnik; Aliu, Fisnik - In: Comparative Economic Research. Central and Eastern Europe 23 (2020) 2, pp. 41-51
based on the investor's risk tolerance. The study measures the risk-reward relationship when the number of stocks in the …'s (1952) diversification formula has been used to measure the risk level of the individual portfolios. The results of the … study show that the diversification risk constantly decreases when we move from the portfolios with 47 stocks to the …
Persistent link: https://www.econbiz.de/10013204631
Cover Image
NYSE changing hands: Antitrust and attempted acquisitions of an erstwhile monopoly
Jeitschko, Thomas D. - 2013
The Intercontinental Exchange's current attempted acquisition of NYSE-Euronext is the third takeover proposal in as many years. In this article the two previous attempts are reviewed and lessons are drawn from an antitrust and competition policy perspective concerning the evolving competitive...
Persistent link: https://www.econbiz.de/10010319612
Cover Image
Prestigious stock exchanges: A network analysis of international financial centers
Cetorelli, Nicola; Peristiani, Stavros - 2009
In this paper, we use methods from social network analysis to assess the relative importance of financial centers around the world. Using data from virtually the entire universe of global equity activity, we present two sets of complete rankings for up to forty-five separate locations for the...
Persistent link: https://www.econbiz.de/10010287149
Cover Image
Are expansions cost effective for stock exchanges? A global perspective
Hasan, Iftekhar; Malkamäki, Markku - 2000
This paper investigates the existence and extent of economies of scale and scope among stock exchanges.Evidence from 38 exchanges in 32 countries and 4 continents around the world for the years 1989-1998 indicates the existence of significant economies of scale and scope.The degree of such...
Persistent link: https://www.econbiz.de/10012147805