Enhancing the Efficiency of Securities Markets in East Asia

Enhancing the Efficiency of Securities Markets in East Asia

The authors explore the relative efficiency of stock markets across countries using newly available data on transactions costs and the quality of the informational environment of stock markets. These new measures are constructed from firm-level sto...

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Bibliographic Details
Main Authors: Ghosh, Swati, Revilla, Ernesto
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ACCOUNTING
ACCOUNTING STANDARDS
ALLOCATION OF RESOURCES
ASSETS
BANK DEPOSITS
BENCHMARK
BENCHMARKING
BENCHMARKS
BONDS
BORROWING
BROKERS
BUDGET DEFICITS
CAPITAL INFLOWS
CAPITAL MARKET
CAPITAL MARKETS
CENTRAL BANK
CORPORATE GOVERNANCE
CREDIT RISK
DOMESTIC MARKET
EFFICIENT MARKET
EFFICIENT MARKETS
EMPIRICAL ANALYSIS
EQUITY CAPITAL
EQUITY MARKETS
EXCESS DEMAND
FINANCIAL MARKET
FOREIGN EXCHANGE
GDP
GDP PER CAPITA
GROSS DOMESTIC PRODUCT
INCOME LEVELS
INFLATION
INFORMATION DISCLOSURE
INSIDER TRADING
INSURANCE
INSURANCE INDUSTRY
INTEREST RATE
INVESTOR PROTECTION
LIQUIDITY
MARKET CONDITIONS
MARKET DEVELOPMENT
MARKET INFORMATION
MARKET INTEREST RATES
MARKET PRICES
MARKET RETURN
MARKET RISK
MARKET VALUE
MARKETPLACE
OPEN ECONOMY
OPPORTUNITY COSTS
PACIFIC REGION
PER CAPITA INCOME
PRICE CHANGES
PRICE EFFECT
PRICE VOLATILITY
PURCHASE PRICE
PURCHASING
RETAIL
RISK MANAGEMENT
RISK SHARING
SALE
SALES
SAVINGS
SECURITIES
SECURITIES MARKETS
SETTLEMENT SYSTEMS
SHAREHOLDERS
STATISTICAL ANALYSIS
STOCK EXCHANGES
STOCK MARKETS
STOCK PRICES
STOCKS
SUPPLIERS
SYSTEMIC RISK
TRADING SYSTEMS
TRANSACTION COSTS
TRANSACTIONS COSTS
TRANSPARENCY
TURNOVER
USE VALUE
VOLATILITY
Online Access:http://documents.worldbank.org/curated/en/2007/02/7361429/enhancing-efficiency-securities-markets-east-asia
http://hdl.handle.net/10986/7134

Internet

http://documents.worldbank.org/curated/en/2007/02/7361429/enhancing-efficiency-securities-markets-east-asia
http://hdl.handle.net/10986/7134

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