Social capital and financial market development
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In the 1990s, institutions became an important area of focus when investigating the process of financial development and the success or failure of financial reforms. This was partly a consequence of many developing conuntries that had liberalized their financial systems to realize the expected benefits from such reforms.
Social capital , Financial development , Stock market capitalization
Siong, H. L. & Ibrahim, M. H. (2013). Social capital and financial market development. In Chee-Wooi Hooy, Ruhani Ali & S. Ghon Rhee (Eds.), Emerging markets and financial resilience: decoupling growth from turbulence (pp. 11-37). Basingstoke, Hampshire: Palgrave Macmillan.