TU Darmstadt / ULB / TUbiblio

The Future of Stock Exchanges in Europe

Möbert, Jochen ; Deubener, Harald (2006)
The Future of Stock Exchanges in Europe.
Report, Bibliographie

Kurzbeschreibung (Abstract)

We survey the future development of stock exchanges in Europe. Experts and non-experts evaluated several scenarios regarding who would survives as an independent as well as alliances, mergers and acquisitions. Nearly all respondents agreed that the landscape will undergo change. However, on average the respondents did not assign high probabilities to one particular future scenario. We also asked for important microeconomic and macroeconomic variables which might have an impact on the success of a stock exchange. The results indicate that while both types of variables have a relatively small influence on the different scenarios, the respondents think macroeconomic variables are less important than microeconomic variables. The uncertainty of a specific future scenario is also expressed in the economical and statistical significance of characteristics exhibited by the interviewees.

Typ des Eintrags: Report
Erschienen: 2006
Autor(en): Möbert, Jochen ; Deubener, Harald
Art des Eintrags: Bibliographie
Titel: The Future of Stock Exchanges in Europe
Sprache: Englisch
Publikationsjahr: März 2006
Ort: Darmstadt
Reihe: Darmstadt Discussion Papers in Economics
Band einer Reihe: 162
Kurzbeschreibung (Abstract):

We survey the future development of stock exchanges in Europe. Experts and non-experts evaluated several scenarios regarding who would survives as an independent as well as alliances, mergers and acquisitions. Nearly all respondents agreed that the landscape will undergo change. However, on average the respondents did not assign high probabilities to one particular future scenario. We also asked for important microeconomic and macroeconomic variables which might have an impact on the success of a stock exchange. The results indicate that while both types of variables have a relatively small influence on the different scenarios, the respondents think macroeconomic variables are less important than microeconomic variables. The uncertainty of a specific future scenario is also expressed in the economical and statistical significance of characteristics exhibited by the interviewees.

Freie Schlagworte: stock exchanges, financial integration, alliances, acquisitions
Zusätzliche Informationen:

JEL - Classification : F36, G29

Fachbereich(e)/-gebiet(e): 01 Fachbereich Rechts- und Wirtschaftswissenschaften
01 Fachbereich Rechts- und Wirtschaftswissenschaften > Volkswirtschaftliche Fachgebiete
Hinterlegungsdatum: 20 Okt 2009 11:07
Letzte Änderung: 26 Aug 2018 21:24
PPN:
Export:
Suche nach Titel in: TUfind oder in Google
Frage zum Eintrag Frage zum Eintrag

Optionen (nur für Redakteure)
Redaktionelle Details anzeigen Redaktionelle Details anzeigen