Measuring the Efficiency of Capital Market Regulations
Volume 12, Issue 4 (2001), pp. 501–508
Pub. online: 1 January 2001
Type: Research Article
Received
1 October 2001
1 October 2001
Published
1 January 2001
1 January 2001
Abstract
The paper develops the idea of valuation capital market regulations efficiency. The performance and efficiency measurement idea is very widely spread in the private sector. However efficiency concept in a public sector is rather new approach and still underdeveloped. The goal of this paper is to reveal the possibilities to measure the efficiency of a public sector performance by applying some descriptive dependencies systems and by using the capital market regulations as an example to disclose the possible outcomes of that analysis process.