[Free read ebook] The Politics of Equity Finance in Emerging Markets
♛ Kathryn C. Lavelle ♛
| 2004-10-14 | 2004-10-14 | File Name: B00WBN4O88
||1 of 1 people found the following review helpful.| POLITICS vs. MARKETS|By Nestor Cruz|Professor Lavelle has done the world of business and economics a service by explaining the political considerations that often impact emerging market stock markets of which some people have become so enamored during the past ten years. The chapters dealing with Latin America are particularly good. It would be an excellent idea if for the n|||"Kathryn Lavelle explains in clear, succinct terms how national political processes lead to equity market growth, and how that growth affects the process of corporate governance - and why it sometimes fails to do so as governments maintain a continuing g
Emerging market stock issuance relative to GDP rose in the late twentieth century to levels that roughly matched that of advanced, industrial markets. Nonetheless, the connection between owning shares of emerging market stock and the ability to influence the management of these firms remains fundamentally different from the analogous institutional connection that has evolved in industrial markets. The reasons for the differences in emerging markets are both historical ...
[PDF.yn07] The Politics of Equity Finance in Emerging Markets Rating: 3.84 (792 Votes)
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