Measuring the Efficiency of Capital Market Regulations

Article type: Research Article

Authors: Babarskas, Justas

Affiliations: Economics and Management Faculty, Kaunas University of Technology, Laisvės al. 55–410, 3031 Kaunas, Lithuania. E-mail: [email protected]

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.

Keywords: efficiency, public sector, legal regulations, capital market

DOI: 10.3233/INF-2001-12402

Journal: Informatica, vol. 12, no. 4, pp. 501-508, 2001