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Legal Features Of Traded Securities And High Price Volatility

In: Corporate Governance

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  • Nidal Rashid Sabri

Abstract

This study examines laws regarding the legal features of traded shares in 25 developed and emerging economies. Included are civil and common laws in South and North America, Eastern and Western Europe, South Asia, Australia, and Middle Eastern countries. Significant changes have been implemented during the last two decades, especially those related to harmonization of corporate governance principles, best practices, and codes of conduct concerning stock trading. However, there are still significant differences among types of shares traded in world stock markets which may have different responds in case of high price volatility.

Suggested Citation

  • Nidal Rashid Sabri, 2005. "Legal Features Of Traded Securities And High Price Volatility," Advances in Financial Economics, in: Corporate Governance, pages 231-243, Emerald Group Publishing Limited.
  • Handle: RePEc:eme:afeczz:s1569-3732(04)11010-4
    DOI: 10.1016/S1569-3732(04)11010-4
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