What is it about?
This paper provides an overview about this scheme, including the trend of the participating listed firms and research houses, since it was introduced in 2005.
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Why is it important?
The detailed analysis shows that the number of participating listed firms and research houses in CBRS declined in the later stage of the scheme, raising concerns over its sustainability. It can be concluded that some of the participating listed firms and research houses discontinued their involvement in the CBRS.
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This page is a summary of: An Overview of Capital Market Development Fund-Bursa Research Scheme (CBRS), Advanced Science Letters, May 2015, American Scientific Publishers,
DOI: 10.1166/asl.2015.6075.
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