OECD Working Paper No. Historically, the main contribution of exchanges to corporate governance has been listing and disclosure standards and monitoring compliance. Stock exchanges have established themselves as promoters of corporate governance recommendations for listed companies. Demutualisation and subsequent self-listing of exchanges have spurred a debate on the role of exchanges.

Regulators have been concerned about conflicts of interest between exchanges' for-profit activities and their regulatory responsibilities.

The conversion of exchanges to listed companies is thought to have intensified competition and raised questions around a potential "regulatory race" to the bottom.

Recently, the rise of ATS have had a profound impact on the stock exchange industry. Their existence has induced exchanges to cut fees and in some cases launch their own off-exchange platforms. The effect of ATS on corporate governance is not clear.

Two practical concerns voiced so far are, first, that trading fragmentation may reduce the transparency of the markets for corporate control and have adverse consequences for price discovery.

The role of stock exchanges in corporate governance - Papers - OECD iLibrary

Second, exchanges are uneasy about the prospect of having to continue performing their traditional regulatory and other corporate governance enhancing functions amid a shrinking revenue base.

Christiansen, Hans and Amico KoldertsovaAlissa, The Role of Stock Exchanges in Corporate Governance January 23, Subscribe to this fee journal for more curated articles on this topic. Corporate Governance Law eJournal. Public Law - Corporations eJournal.

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Demutualization and Corporate Governance of Stock Exchanges. Taking Stock in Stock Markets: The Changing Governance of Exchanges. By Maureen O'hara and Alfredo Mendiola. Demutualization and Public Offerings of Financial Exchanges. By Reena Aggarwal and Sandeep Dahiya. Ruger mini 14 stocks ebay and Means Reconsidered at the Century's Turn.

Seasoned Equity Offerings, Corporate Governance, and Investments. Han Kim and Amiyatosh Role of stock exchange in corporate governance in india. Competition and Mergers Among Nonprofits. Does Nonprofit Role of stock exchange in corporate governance in india Matter?

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Hans Christiansen Organization for Economic Co-Operation and Development OECD Alissa Amico Koldertsova affiliation not provided to SSRN.

Corporate Governance And Role Of Stock Exchanges In India book : Gurcharan Sachdeva, , - sanapidyqel.web.fc2.com India

Abstract Historically, the main contribution of exchanges to corporate governance has been listing and disclosure standards and monitoring compliance. Hans Christiansen Organization for Economic Co-Operation and Development OECD email 2 rue Andre Pascal Paris Cedex 16, France.

Alissa Amico Contact Author affiliation not provided to SSRN. Stock options market makers this Paper Open PDF in Browser.

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