Warsaw Rising: The Warsaw Stock Exchange a Successful Model for Transition Economies

10 Pages Posted: 17 Jan 2016

See all articles by Lydie Pierre Louis

Lydie Pierre Louis

University of Miami School of Business Administration

Date Written: November 15, 2015

Abstract

Stock market exchanges in transition economies typically fail. The failure is, in part, due to weak or non-existing securities laws in the transition economy. The Warsaw Stock Exchange is the exception. The Warsaw Stock Exchange serves as a successful model for newly created stock exchanges in transition economies. The Polish Government implemented strong securities laws to attract foreign investors. Poland’s strong securities laws and the Warsaw Stock Exchange listed companies’ requisite compliance with government mandated corporate governance protocols provide a sense of legal, political, and economic stability to foreign investors that are seeking to invest in developing markets.

Keywords: Warsaw, stock exchange, Eastern Europe, corporate governance, international capital markets, Poland, East Central Europe, securities regulation, securities laws

JEL Classification: F31, G15, G18, G28

Suggested Citation

Pierre Louis, Lydie, Warsaw Rising: The Warsaw Stock Exchange a Successful Model for Transition Economies (November 15, 2015). Available at SSRN: https://ssrn.com/abstract=2716358 or http://dx.doi.org/10.2139/ssrn.2716358

Lydie Pierre Louis (Contact Author)

University of Miami School of Business Administration ( email )

1311 Miller Road
Coral Gables, FL 33146
United States

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