Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.13/34229
- Re-thinking securities regulation: a comparative study of ASX, NYSE and SGX
- The University of Newcastle. Faculty of Business & Law, School of Law
- This article approaches the issue of securities regulation starting with an examination of the nature and role of markets and financial markets. It next outlines the various arguments for and against regulation, and then looks at approaches taken by markets and their regulators. The approaches are government regulation, self-regulation and co-regulation, and the structural changes via demutualization and corporate governance. With this background, it turns to examine how these approaches have played out in the markets themselves. The article surveys the regulatory aspects of the ASX, NYSE and the SGX, and reviews the regulatory and financial performance of the markets. It concludes that the transitioning occurring in markets is not yet complete, and that there remains considerable research to be done.
- The Corporate Governance Law Review Vol. 2, Issue 2, p. 191 - 244
- Sandstone Academic Press
- Resource Type
- journal article