CHAPTER EIGHT. The Information Content of Stock Markets: Why Do Emerging Markets Have Synchronous Stock Price Movements?

Chapters in this book

1. Frontmatter i
2. Contents v
3. Introduction vii
4. Part I: Framework
5. CHAPTER ONE. What Is Good Corporate Governance? 3
6. PART II. The Elements of Good Corporate Governance: Law
7. CHAPTER TWO. Patterns of Legal Change: Shareholder and Creditor Rights in Transition Economies 35
8. CHAPTER THREE. The Common Law and Economic Growth: Hayek Might Be Right 84
9. PART III. The Elements of Good Corporate Governance: Owners and Managers
10. CHAPTER FOUR. Russian Privatization and Corporate Governance: What Went Wrong? 113
11. CHAPTER FIVE. Why Ownership Matters: Entrepreneurship and the Restructuring of Enterprises in Central Europe 194
12. PART IV. The Elements of Good Corporate Governance: Stock Markets
13. CHAPTER SIX/ Corporate Governance in Transitional Economies: Lessons from the Prewar Japanese Cotton Textile Industry 231
14. CHAPTER SEVEN. Privatization and Corporate Governance: The Lessons from Securities Market Failure 265
15. CHAPTER EIGHT. The Information Content of Stock Markets: Why Do Emerging Markets Have Synchronous Stock Price Movements? 315
16. PART V. What Does Transition Contribute to Theory?
17. CHAPTER NINE. Conclusion: The Unexplored Role of Initial Conditions 367
18. List of Contributors 405
19. Index 407