Hostname: page-component-586b7cd67f-r5fsc Total loading time: 0 Render date: 2024-11-22T22:22:18.012Z Has data issue: false hasContentIssue false
  • English
  • Français

Comment: The Stock Market: Come Considerations of Its Future Structure

Published online by Cambridge University Press:  19 October 2009

William C. Freund
Get access Rights & Permissions [Opens in a new window]

Extract

Professor Mendelson's interesting paper reaches one conclusion with which I have no quarrel. Under his “most likely” future scenario, he argues for the need for the individual investor in the stock market to enhance the external equity capital-raising abilities of corporations. However, on the way to that conclusion, he dispenses a number of inconsistencies and confusing points.

Type
Reform of Financial Institutions and Markets: A Progress Evaluation
Information
Journal of Financial and Quantitative Analysis , Volume 9 , Issue 5 , November 1974 , pp. 843 - 845
Copyright
Copyright © School of Business Administration, University of Washington 1974

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)