Corporate Law as the Foundation for Securities Markets: The Theory
This chapter outlines the quality of corporate law and its importance. The important precondition to developing modern securities markets, and the industrial, technological wealth that goes with deep and vibrant securities markets is a foundation of highly developed corporate and securities law that protect minority stockholders from the rampages of dominant majority stockholders. If corporate law is good enough in technologically-advanced nations, ownership will diffuse away from concentrated ownership into dispersed stock markets.
Keywords: corporate law, securities market, minority stockholders, corporate law protection
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .