haku: @author Perotti, E. C. / yhteensä: 4
viite: 2 / 4
| Tekijä: | Perotti, E. C. Oijen, P. van |
| Otsikko: | Privatization, political risk and stock market development in emerging economies |
| Lehti: | Journal of International Money and Finance
2001 : FEB, VOL. 20:1, p. 43-69 |
| Asiasana: | POLITICAL RISKS PRIVATIZATION STOCK MARKETS |
| Vapaa asiasana: | EMERGING ECONOMIES |
| Kieli: | eng |
| Tiivistelmä: | This paper investigates whether privatization in emerging economies has significant indirect effect on local stock market development through the resolution of political risk. The authors argue that a sustained privatization program represents a major political test that gradually resolves uncertainty over political commitment to a market-oriented policy as well as to regulatory and private property rights. |
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