000			02466nam a22002297a 4500
999			_c4022 _d4022
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008			230123b ||||| |||| 00| 0 eng d
020			_a9780367477042
082			_a332.642 _bKAL
100			_aKalinowski, Marcin _99232
245			_aGlobal stock market development: _b quantitative and behavioural analysis
260			_bRoutledge _aLondon _c2021
300			_axiii, 176 p.
365			_aGBP _b120.00
504			_aTable of Contents Introduction 1. Financial Market – Classical and Modern Theory 2. Stock Market Development Evaluation 3. Complex Stock Market Development Measure 4. Global Stock Market Development in 1997 – 2019 Conclusion
520			_aIn the current era of globalised financial markets, the stock market cannot be assessed solely by comparing quantitative features such as the number of listed companies or capitalisation on the stock exchange. This is of secondary importance from an investor's point of view. What is important, however, is how a given stock market behaves towards the environment – whether it is ‘hyperactive’ or ‘excessively lethargic’ in response to information. This book provides an innovative tool for assessing global stock markets. It describes the complex concept of ‘stock market development’ in light of classical and behavioural finance theories and considers both quantitative (the number of listed companies, turnover, etc.) and behavioural aspects (price volatility, the behaviour of fundamental indicators of listed companies). Based on an innovative method for assessing development, the author analyses 130 stock markets, indicating those that are more developed in terms of quantity and behaviour. Ultimately, this enables the assessment of which markets are more or less developed and why. This knowledge, used properly, offers an advantage over other financial market participants, and allows for the comprehensive assessment of individual stock markets, which can support the process of making good investment decisions. The book is an invaluable resource for research fellows and students in economics, particularly the field of finance. It is also addressed to business and stock market practitioners, such as financial market analysts, brokers and investment advisers.
650			_aStock exchanges _95805
650			_aInternational finance _9257
650			_aInvestment analysis _9194
650			_aBanks and banking _9442
942			_2ddc _cBK