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Democratic Governance of Stock Markets

المصدر: مجلة كلية القانون الكويتية العالمية
الناشر: كلية القانون الكويتية العالمية
المؤلف الرئيسي: Fathi, Zerari (Author)
المجلد/العدد: مج6, ع22
محكمة: نعم
الدولة: الكويت
التاريخ الميلادي: 2018
التاريخ الهجري: 1439
الشهر: يونيو
الصفحات: 37 - 60
DOI: 10.54032/2203-006-022-002
ISSN: 2410-2237
رقم MD: 1100240
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: IslamicInfo
مواضيع:
كلمات المؤلف المفتاحية:
Stakeholders | Democracy | Sustainable Development | Fiscal Policies | Tax Instruments | Financial Crises Early Warning Systems
رابط المحتوى:
صورة الغلاف QR قانون

عدد مرات التحميل

10

حفظ في:
المستخلص: On the basis of the Law No. 7 of 2010 regarding the establishment of the Capital Markets Authority (CMA) and regulating securities activities and its amendments, particularly in its article 3, points 2, that emphasize growing the capital markets and diversifying and developing investment instruments in accordance with best international practice, and within the framework of the thirty (30) principles and objectives set by the IOSCO to evaluate the compliance of stock markets with universal standards, this paper suggests shifting from technocratic management and regulation of stock markets, whether in Kuwait or in other countries with similar circumstances, notably the GCC countries, to democratic modes of governance, utilizing an institutional approach. This bottom-up approach in managing and regulating stock markets would have positive impacts on striking a balance between public interest and individual and group interests to pursue sustainable socio economic development through the participation of all stakeholders in providing a clearer vision on pertinent fiscal policies, tax instruments and early warning systems of financial crises."

ISSN: 2410-2237

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