Description
This work illuminates theoretical issues of corporate finance law in emerging markets, focusing on the legal aspects of public distribution of securities in Zambia. The work fills an important gap in the literature pertaining to Africas leading stock markets. This work is a classic guide on emerging markets, invaluable to investors, securities regulatory bodies, stockbrokers and dealers, corporate finance lawyers, and financial economists. It identifies both legal and extra-legal constraints on the regulatory framework. It examines activities both on the Lusaka Stock Exchange and under the privatisation programme. It also makes proposals to introduce a regional stock exchange in Southern and Eastern Africa. It presents a critical analysis of the law, striking a balance between black letter law analysis and law in context analysis.
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