Stock exchanges around the world have experienced major changes with respect tocorporate governance beginning with the early 1990s. Until that time, almost all exchanges weremember-owned, organized as ‘non-profit‘ mutual organizations. Although there were no publiclytraded exchanges 15 years...

The impact of real exchange rate volatility on the exports of a country is one of the crucial issues to consider. In this paper, the effect of exchange rate volatility on the exports of Turkey is investigated. Four of the leading industries of Turkey are chosen and examined for the period...