出版社：Asociatia Generala a Economistilor din Romania - AGER
摘要：Strengthening markets is a defining process of globalization and financial deregulation which reconfigured stock exchange in the world. Choosing consolidated financial architecture allows optimization of market liquidity. Thus, cost of capital for issuers is even lower as the liquidity of the securities is greater and a liquid market may allow investors achieve low transaction costs and more comprehensive risk coverage. In our study we tried to highlight the main views that are found in the literature on this subject and to present trends in the Romanian market.
