株式会社極東書店トップ ＞ 商品一覧 ＞ The Economics of Demutualization : An Empirical Analysis of the Securities Exchange Industry.
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解説
Felix Treptow examines the changing relationship between exchanges and issuers, analyses the micro- and macroeconomic drivers of the demutualization decision, and investigates its impact on market liquidity. He presents a detailed analysis of both the determinants as well as the consequences of the demutualization of securities exchanges.