Demirgüç-Kunt, Asli (contributor); … - 2008
finance
• Facilitate the trading, diversification, and management of risk
• Mobilize and pool savings
• Ease the exchange … and implementation of
corporate governance, (iii) trading, diversification, and management of risk, (iv) mobilization … minority shareholders. Management frequently “captures” the board and manipulates
directors into acting in the best interests …