Journal of Financial and Quantitative Analysis Vol. 9 No. 5 1974
Comment: The Stock Market: Come Considerations of its Future Structure
Abstract
Professor Mendelson's interesting paper reaches one conclusion with which I have no quarrel. Under his “most likely” future scenario, he argues for the need for the individual investor in the stock market to enhance the external equity capital-raising abilities of corporations. However, on the way to that conclusion, he dispenses a number of inconsistencies and confusing points.
- DOI
- 10.2307/2329680
- Volume
- 9
- Issue
- 5
- Pages
- 843
- Sources
- openalex crossref