内容简介：the market capitalsation of the stock exchange had risen close to 50% of gdp putting the capital market back at the centre of the financial stage the primary and secondary legislation introduced by the consolidated law on financeal
intermediation and the related implementing regulations had brought conditions in this field into line with htose prevailing in the other countries with highly developed financial systems
is this increasingly international and institutional environment success in competing for access to the financial markets and minimising the cost of capital also depends on the guarantees of efficiency and reliability that the system of corporate governance can provide
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