Remedies to Informational Asymmetries in Stock Markets
5 Angebote vergleichen

Lieferung aus: Deutschland, Versandkostenfrei.
buecher.de GmbH & Co. KG, [1].
Like many other markets, stock markets are characterised by asymmetric information. If investors cannot distinguish high-quality from low-quality securities, they will value all securities as average resulting in the well known market for lemons. This decreases the allocative efficiency and social welfare by guiding resources to the least good investment opportunities. How can high-quality listed companies communicate with stock markets to distinguish themselves from low-quality listed companies? Although proponents of mandatory disclosure rules in securities markets will answer this question with far-reaching governmental regulation, it is jumping to conclusions and skipping devices that signal the true quality of the investment opportunities to the stock market.This book analyses the functioning of stock markets, in particular the dissemination of price-sensitive information on these markets. In order to evaluate the legal rules governing the dissemination of information from an economic perspective, an operational framework is needed to assess the current disclosure regulation with respect to allocative efficiency. The book replaces vague legal goals of securities regulation, such as investors protection, by financial economic concepts, such as market efficiency and market liquidity. To enhance allocative efficiency, the book analyses the relevancy of mandatory disclosure rules, the use of trading halts in disseminating information during the opening hours of a stock exchange, the use of selective disclosure and the regulation of insider trading.231 pages - 234mm X 171mmVersandfertig in über 4 Wochen, Taschenbuch.

Von Händler/Antiquariat, Powell's Books [9859], Portland, OR, U.S.A.
TRADE PAPER Law-General . NEW, Standard.

Lieferung aus: Vereinigtes Königreich Großbritannien und Nordirland, Usually dispatched within 1-2 business days.
Von Händler/Antiquariat, sales-de.
Die Beschreibung dieses Angebotes ist von geringer Qualität oder in einer Fremdsprache. Trotzdem anzeigen

Lieferung aus: Vereinigte Staaten von Amerika, Usually ships in 2 to 4 weeks.
Von Händler/Antiquariat, Amazon.com.
217 pages. Paperback, Label: Intersentia, Intersentia, Produktgruppe: Book, Publiziert: 2005-09-20, Studio: Intersentia.

Lieferung aus: Spanien, Normalmente se envía en el plazo de 1-2 días laborable.
Von Händler/Antiquariat, thebookcommunity_es.
Tapa blanda, Label: Intersentia, Intersentia, Produktgruppe: Libro, Publiziert: 2005-09, Studio: Intersentia.