Development of African Capital Markets

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A01=Boniface Chimpango
african capital markets
african economic development
Author_Boniface Chimpango
Bright Line Rules
Capital Market Development
Category=KCM
Category=KFF
Comparative Law
comparative legal analysis
developing captial markets
Dispersed Ownership
Dispersed Share Ownership
economic reform policy
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
financial regulation Africa
FSMA
Impersonal Exchange
informal financial systems
Informal Rules
Insider Dealing
institutional economics
JSE
Law Reformers
legal frameworks for African financial markets
Legal Transplants
Market Abuse
market governance developing countries
Market Misconduct
North's Framework
North’s Framework
OTC Market
Reputational Intermediaries
SADC Country
SADC Region
Self-dealing Transactions
Share Ownership Structure
ST Firm
Strong Capital Markets
Total Asset Growth
UK Financial System

Product details

  • ISBN 9781138222045
  • Weight: 476g
  • Dimensions: 156 x 234mm
  • Publication Date: 19 Jan 2017
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Most capital markets that have been established in developing economies like Africa have struggled to make progress over two decades down the line. Development of African Capital Markets explores why these markets have remained underdeveloped and discusses a possible development theory that can be used in designing and implementing legal and institutional reforms to reinvigorate capital markets in African and other developing countries.

Boniface Chimpango analyses the weaknesses of capital markets in developing countries, and argues that legal and institutional framework for capital markets in developing countries should be tailored to the unique informal rules prevalent in each country rather than being transplanted from developed countries.

This book will be of interest to scholars, students and policy makers in the fields of economic development, African Studies, law, development and regulatory policy.

Boniface Chimpango received a PhD in Law from Nottingham Law School, UK, in 2015. He is a corporate lawyer with special inclination towards corporate finance, corporate taxation, corporate debt restructuring, corporate governance, employment law, capital markets and regulation of financial services.

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