A reverse merger allows a private company to assume the current reporting status of another company that is public. This can be done quickly, without fundraising, road show, underwriter, substantial ownership dilution, or great expense. Private firms that go public via reverse merger are often...

SPACs or Special Purpose Acquisition Companies are shell companies, created to raise capital and used by private firms to access capital markets. Using a global sample of SPAC firms, this study assesses their performance and finds evidence of significant positive abnormal returns for SPAC firms...

Wie gross sind die Aktienmärkte wirklich? Wer setzt auf Einzelwerte, wer lieber auf Fonds und ETFs? Wo schlummern die gröt︣en Goldreserven? Wie sieht die Bilanz der Ära Angela Merkel aus? Wo wohnen die meisten Milliardärinnen? Wie entwickeln sich Zinsen über sehr lange Zeiträume? Wie...

1 The exchange industry: recent facts and the current scenario -- 2 The functions and economics of the exchange markets -- 3 Strategic patterns of exchanges -- 4 The surge of alternative players in the trading field -- 5 The governance of exchanges -- 6 Regulation on exchanges: new threats and...