Global Stock Market Development by Marcin Kalinowski - 9781032109084

Global Stock Market DevelopmentQuantitative and Behavioural Analysis\nAuthor(s): Marcin Kalinowski\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781032109084, 978-1032109084\nSynopsis\nIn the current era of globalised financial markets, the stock market cannot be assessed solely by comparing quantitative features such as the number of listed companies or capitalisation on the stock exchange. This is of secondary importance from an investor's point of view. What is important, however, is how a given stock market behaves towards the environment whether it is hyperactive or excessively lethargic in response to information. \n\nThis book provides an innovative tool for assessing global stock markets. It describes the complex concept of stock market development in light of classical and behavioural finance theories and considers both quantitative (the number of listed companies, turnover, etc.) and behavioural aspects (price volati.