000 01885nam a2200289 a 4500
001 rea00033380
005 20190704021619.0
008 s2006 wau e 001 0 eng d
035 _z60179
039 _a33375
_cTLC
100 1 _aGrose,Claire.
245 1 0 _aPromoting access to primary equity markets :
_ba legal regulatory approach /
_cClaire Grose, Felice B. Friedman.
260 _aWashington, D. C :
_bWorld Bank,
_c2006.
300 _a8p :
_bill. ;
_c28 cm.
440 0 _aPolicy research working papers ;
_vno. 3892
500 _aAlso available online.
500 _aGlose Claire.
504 _aIncludes bibliographical references.
506 _aThis paper examines legal and regulatory measures that can be taken to promote access to the primary market economics .While capital market development depends on many factors including primary a fordable macroeconomics environment, an appropriately designed and effective legal and regulatory framework can help to encourage market growth and to increase access to finance for all companies, including small-and medium-sized enterprises this paper we identify the basic necessities that underpin aregulatory7 regime that is cost effective strikes an appropriate balance between,on the one hand, laws and regulations that may be too restrictive to achieve a supply of capital and,on the other, those that may be so relaxed that investors feel that there is an unacceptable level of risk and do not care to venture into the market. We explore the legal foundations for the successful operation of
600 1 0 _aGrose,Claire.
650 0 _aCapital market
_xA legal and regulatory approach.
700 1 _aFriedman, Felice Betsy jt. author.
710 2 _aWorld Bank.
949 _aBSPC
_bSPC
_cHG3881.5
_d.W57 no.3892 c2
_g60179
_5N
961 _t1
999 _c25519
_d25519