000			02230nam a22003975i 4500
001			978-3-8350-9311-9
003			DE-He213
005			20161121230907.0
007			cr nn 008mamaa
008			100301s2006 gw | s |||| 0|eng d
020			_a9783835093119 _9978-3-8350-9311-9
024	7		_a10.1007/978-3-8350-9311-9 _2doi
050		4	_aHG1-HG9999
072		7	_aKFF _2bicssc
072		7	_aBUS027000 _2bisacsh
082	0	4	_a332 _223
100	1		_aTreptow, Felix. _eauthor.
245	1	4	_aThe Economics of Demutualization _h[electronic resource] : _bAn Empirical Analysis of the Securities Exchange Industry / _cby Felix Treptow.
264		1	_aWiesbaden : _bDUV, _c2006.
300			_aXIV, 113 p. _bonline resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
505	0		_aStock Exchanges and Issuers: A Changing Relationship -- The Determinants of Demutualization -- The Impact of Demutualization.
520			_aThe securities exchange industry is in a state of flux. Exchanges constantly develop new revenue sources and products, try to expand their market share through fierce competition and pursue the consolidation of the industry. A prerequisite for this development was their transformation into market-oriented for-profit entities that are dominated by outside investors. This process is commonly referred to as demutualization. In order to understand the current developments in the securities exchange industry, Felix Treptow examines the changing relationship between exchanges and issuers, analyses the micro- and macroeconomic drivers of the demutualization decision, and investigates its impact on market liquidity. He presents a detailed analysis of both the determinants as well as the consequences of the demutualization of securities exchanges.
650		0	_aFinance.
650	1	4	_aFinance.
650	2	4	_aFinance, general.
710	2		_aSpringerLink (Online service)
773	0		_tSpringer eBooks
776	0	8	_iPrinted edition: _z9783835004696
856	4	0	_uhttp://dx.doi.org/10.1007/978-3-8350-9311-9
912			_aZDB-2-SBE
950			_aBusiness and Economics (Springer-11643)
999			_c505528 _d505528