Handbook of Research on Stock Market Globalization
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Handbook of Research on Stock Market Globalization

Edited by Geoffrey Poitras

The stock market globalization process has produced historic changes in the structure of stock markets, the effects of which are evident throughout the world. Despite these transformations, there are relatively few sources examining the connections between the globalization process currently under way and previous periods of stock market globalization. This seminal volume fills that gap.
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Chapter 2: The Stock Market and the Corporate Economy: A Historical Overview

Ranald Michie

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2 The stock market and the corporate economy: a historical overview Ranald Michie INTRODUCTION An 1874 study of stock exchange speculation voiced the opinion that: ‘Very few persons, if any, will be found to dispute the statement that speculation ...

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