Book Details

The Economics of Demutualization

Publication year: 2006

ISBN: 978-3-8350-9311-9

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Felix Treptow seeks to fill this gap in the literature and presents in this book an in depth analysis of the demutualization phenomenon. In his thesis, he applies advanced econometric methods to data sets which were assem bled specifically for the purpose of his analysis. Each of the three self-contained chapters of this volume addresses different issues which are of importance to the various stake holders in this process. The analysis covers the micro- and macroeconomic causes of demutualization, its impact on market liquidity and the changing relationship between exchanges and issuers.

Subject: Business and Economics, Ownership structures, Securities trading, Stock exchange, capital markets, liquidity