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Economic Analysis: Theory and Practice
 

Influence of legislation on the information efficiency of the Russian stock market

Vol. 12, Iss. 26, JULY 2013

Available online: 13 July 2013

Subject Heading: Innovations and investments

JEL Classification: 

Fedorova E.A. Doctor of Economic Sciences, Associate Professor, the Department of Financial Management, the Financial University under the Government of the Russian Federation
ecolena@mail.ru

Andreeva O.A. Marketer Analyst, Ltd"CRIF"
oks255@gmail.com

Dovjhenko S.E. Applicant of the Department of Economic Cybernetics, the St Petersburg State University
serg.dovzhenko@gmail.com

In the work with the help of economic and mathematical modeling shows the effect of the order of FFMS of Russia of 16.03.2005 ? 05-5/pz-n "On Approval of the disclosure by issuers of securities" in the information efficiency of the stock market of Russia is shown. The importance of business reputation of the company at making decision by investors on an investment of the means in an action of these or those companies is proved.

Keywords: information efficiency, stock market, transparency, company, reputation, binary tree of regression

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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