The economics of demutualization : an empirical analysis of the securities exchange industry
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Bibliographic Information
The economics of demutualization : an empirical analysis of the securities exchange industry
（Gabler Edition Wissenschaft, . Innovation und Entrepreneurship / herausgegeben von Nikolaus Franke und Dietmar Harhoff）
Deutscher Universitäts-Verlag, 2006
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Dissertation Universität München, 2006
Description and Table of Contents
Description
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.
Table of Contents
Stock exchange and issuers: A changing relationship
Determinants of demutualization
Impact of demutualization
Demutualization and competition between stock exchanges
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