An assessment of the privatisation of the Malta Stock Exchange

Abstract

This research is meant to give an in depth study of what both the Government and the Malta Stock Exchange are undertaking in order to prepare the Exchange for a possible privatisation program. The study will focus on the various forms this process may take. It looks in depth at the possible changes required to make privatisation of the Malta Stock Exchange possible. It goes further to identify the main changes and challenges that will be brought about if this idea were to materialise. The performance of the Exchange is then analysed for the sixteen year period, that is since inception up to 2008. A number of interviews were than conducted in light of the analysis results obtained. The study concludes that only through effort from all concerned parties can this privatisation program be beneficial, both for the exchange and for the Maltese Islands.