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11 Jan 2018

Is There a Relationship Between Shareholder Protection and Stock Market Development?

Simon Deakin | Prabirjit Sarkar | Mathias Siems

Does the quality of legal and other institutions make a difference to economic development and growth? In their very well-known studies of the relation between law and finance, Andrei Shleifer and...

OBLB categories

  • Financial Regulation
31 Jan 2017

Understanding the Success and Failure of Nascent Stock Exchanges

José Albuquerque de Sousa | Thorsten Beck | Peter A.G. van Bergeijk | Mathijs A. van Dijk

Well-developed and efficient financial markets play an important role in the economic development of emerging countries. Many low- and even middle-income countries, however, not only have...

OBLB categories

  • Financial Regulation
10 Nov 2016

Venture Capital Exits and the Structure of Stock Markets: Lessons from China

Lin Lin

Venture capital is an important source of financial capital for startups and has been widely recognized as a powerful engine for driving a nation’s innovation, job creation, and economic growth...

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