Corporate Governance, Financial Markets and Global Convergence formatIsbn:Hardcover - 9780792348252 or `Isotypes'

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Corporate Governance, Financial Markets and Global Convergence formatIsbn:Hardcover - 9780792348252 or `Isotypes'for many years been heavily dependent on bank financing, and this situation has not changed fundamentally. In his paper on stock exchange governance in the European Union Guido Ferrarini discusses the relative merits of member and investor ownership and compares stock exchange regulation in a number of EU countries. Faced with increasing competition amongst themselves and against other enterprises that offer transaction services, such as proprietary