Hartwell, Christopher A. - In: Cogent economics & finance 2 (2014) 1, pp. 2-18
A stock exchange and the presence of functioning equity markets are part and parcel of an advanced market …-shaped relationship between property rights and stock market performance. While a well-functioning stock market may help reinforce … property rights through demonstration effects, a stock market that has become "too successful" may entrench interests and lead …