IT'S NO GAMBLE
The Economic and Social Benefits of Stock Markets

by Lewis D. Johnson and Bohumír Pazderka
The Fraser Institute, Vancouver, British Columbia, Canada

Contents

Preface by Philip Palda
Acknowledgements / Dedication
About the Authors
Introduction

Chapter 1: The Structure and Rold of Stock Markets
   Appendix 1a

Chapter 2: The Role of the Stock Market in Corporate Governance
   Appendix 2a

Chapter 3: Mergers and Takeovers

Chapter 4: The Efficiency of the Canadian Stock Market

Chapter 5: Emerging Markets

Chapter 6: Ethical Issues (or "How Much Can One Get Away With in the Stock Market?")

Chapter 7: Whither Regulation?

Conclusions

Glossary

Bibliography

Copyright © 1995 by The Fraser Institute. All rights reserved. No part of this book may be reproduced in any manner whatsoever without written permission except in the case of brief quotations embodied in critical articles and reviews.

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