Electronic Resource
Bradford
:
Emerald
Journal of financial regulation and compliance
11 (2003), S. 121-137
ISSN:
1358-1988
Source:
Emerald Fulltext Archive Database 1994-2005
Topics:
Economics
Notes:
This paper explores the arguments for regulatory competition among stock markets in Europe. It suggests that some of the pressure for uniform regulation stems from a specific view about the nature of the implicit contracts governing the relationships between regulators, listing firms, investors, traders and society. By making these contracts more explicit it shows that there may be more extensive arguments for regulatory competition. In deriving implications it draws on an extensive study of the nature of competition and efficiency of securities markets over the period 1989-1999.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1108/13581980310810444
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