Equity market liberalizations as country IPOs
收藏NBER2003-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9481
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Equity market liberalizations are like IPOs, but they are IPOs of a country's stock market rather than of individual firms. Both are endogenous events whose benefits are limited by poor investor protection, agency costs, and information asymmetries. As for stock prices following an IPO, there are
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美国国家经济研究局创建时间：
2003-02-01
