Although the many perceived benefits of a stock market may have led to their rapid formation and development aspirations across economies, emerging findings that stock markets may not be as useful as previously thought, even a detraction in the case of some developing economies, raises the...

In view of the prominent law-finance-economic growth theory and the continuing debate over it, this paper examines the applicability of the law–stock market development nexus in Fiji, an island economy in the South Pacific region, where economic growth performance has generally been considered...

Fiji's thirty-five year old stock market remains persistently small and inactive but the state's drive to retain and develop it remains equally unwavering. Numerous strategies have been tried and tested with little attention however to the issue of ‘small scale'. Inspired by the increasing...