LEGAL FEATURES OF TRADED SECURITIES AND HIGH PRICE VOLATILITY
ISBN: 978-0-7623-1187-3, eISBN: 978-1-84950-333-4
Publication date: 1 June 2005
Abstract
This study examines laws regarding the legal features of traded shares in 25 developed and emerging economies. Included are civil and common laws in South and North America, Eastern and Western Europe, South Asia, Australia, and Middle Eastern countries. Significant changes have been implemented during the last two decades, especially those related to harmonization of corporate governance principles, best practices, and codes of conduct concerning stock trading. However, there are still significant differences among types of shares traded in world stock markets which may have different responds in case of high price volatility.
Citation
Rashid Sabri, N. (2005), "LEGAL FEATURES OF TRADED SECURITIES AND HIGH PRICE VOLATILITY", Hirschey, M., John, K. and Makhija, A.K. (Ed.) Corporate Governance (Advances in Financial Economics, Vol. 11), Emerald Group Publishing Limited, Leeds, pp. 231-243. https://doi.org/10.1016/S1569-3732(04)11010-4
Publisher
:Emerald Group Publishing Limited
Copyright © 2005, Emerald Group Publishing Limited