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Stock Market Liquidity in Chile Book PDF Summary

Chile has a large but relatively illiquid stock market. Global factors such as global risk appetite and monetary policy in advanced economies are key cyclical determinants of liquidity in Chilean equities. Evidence from a cross-section of emerging markets suggests strong protection of minority shareholders can help improve stock market liquitidity. Currently, illiquid in Chilean may have to pay 31⁄2 percent more as cost of equity. Corporate governance should be improved, namely through the adoption of a stewardship code.

Detail Book of Stock Market Liquidity in Chile PDF

Stock Market Liquidity in Chile
  • Author : Mr.Luis Brandao-Marques
  • Release : 16 November 2016
  • Publisher : International Monetary Fund
  • ISBN : 9781475554656
  • Genre : Business & Economics
  • Total Page : 29 pages
  • Language : English
  • PDF File Size : 17,7 Mb

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Stock Market Liquidity in Chile

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