Abstract
The chapter presents facts and companies that have characterized the Italian stock market from 1861 to 2011. Origins and development of Italian stock exchanges, market size, dynamics of listed companies with details on the main equities listed, territorial statistics and relationship with the economic development of the country. An index of stock prices is also built.
From the investor's side, the calculations show that in the long term equity investment has not produced satisfactory results, except for some limited periods that coincided with positive phases of Italian economic development
Titolo tradotto del contributo | [Autom. eng. transl.] Stock exchange, territory and economic development (1861-2011) |
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Lingua originale | Italian |
Titolo della pubblicazione ospite | Dall'Unità ai giorni nostri: 150 anni di borsa in Italia |
Pagine | 77-107 |
Numero di pagine | 31 |
Stato di pubblicazione | Pubblicato - 2011 |
Pubblicato esternamente | Sì |
Keywords
- Italian Stock Market
- Large companies
- Stock listing
- Stock market returns