Kay Review and Microeconomics: Difference between pages

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imported>Doug Williamson
m (Added one lines space before last sentence - this seems to remain the current position and nothing might happen till mid 2014 http://www.parliament.uk/business/committees/committees-a-z/commons-select/business-innovation-and-skills/inquiries/parliam)
 
imported>Doug Williamson
(Punctuation.)
 
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A government sponsored review into UK equity markets established in 2011 and led by Professor John Kay.
Economic theory which studies the behaviour of, and particularly the resource allocation by, an individual or individual firm.


The review was established to ask how well equity markets are achieving the following core purposes:
Sometimes written as micro-economics.
 
1. Enhancing the performance of UK companies by facilitating investment and enabling effective governance and decision making in support of long-term profitability and growth; and
 
2. Enabling investors to benefit from this corporate activity in the form of returns from equity investment.
 
The review was designed assess to what extent equity market participants are excessively focused on short-term outcomes to the detriment of the core purposes (1. and 2. noted above) and if so, what actions should be taken to address this problem.
 
It therefore examines the incentives, motivations and timescales of the following participants in the equity markets – end investors, pension funds, advisers, fund managers, the market and company boards – and also the relationships between them.
 
The Kay Report published in July 2012 was welcomed by the UK Government in its response of November 2012.
 
The Report is undergoing Commons Select Committee scrutiny.




== See also ==
== See also ==
* [[Corporate governance]]
* [[Economics]]
* [[Equity]]
* [[Macroeconomics]]
* [[Mesoeconomics]]
* [[Metaeconomics]]


[[Category:Equity]]
[[Category:Financial_management]]
[[Category:The_business_context]]

Latest revision as of 10:41, 7 April 2015

Economic theory which studies the behaviour of, and particularly the resource allocation by, an individual or individual firm.

Sometimes written as micro-economics.


See also

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