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What conditions necessary to develop a stock market in an emerging economy?

Title: What conditions necessary to develop a stock market in an emerging economy?
Category: /Business & Economy/Accounting
Details: Words: 272 | Pages: 1 (approximately 235 words/page)
What conditions necessary to develop a stock market in an emerging economy?
(a) Dependable law and regulations The existence of dependable laws and regulations, not only from the government but also from the enterprises themselves is a necessary conditions since these all the organizations to compete and cooperate with the oversea and worldwide companies. (b) Resolution of policy risk Investor confidence in reliable property right and stable, market-oriented policies are a necessary condition for financial integration and the development of emerging stock markets. Announced market-oriented policies may …showed first 75 words of 272 total…
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…showed last 75 words of 272 total…first benefit from a greater internal focus on risk-adjusted rates of return, particularly when rewarding traders and credit officers. The relentless pursuit of shareholder value, without this crucial adjustment, could prove a very dangerous strategy. (d) Developing worldwide acceptable accounting and audit standard It is recommended profession should be is self-regulated through accounting standard board instead of regulate by government, improve the credible of accounting and auditing report up to international accounting system (IAS) standards.

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