This article examines the claim of securities markets efficiency based on the efficient markets hypothesis (EMH), which Fama proclaimed to be a well substantiated truth in 1978. Behavioural theory shows that individuals do not act to maximise their utility as asserted by neoclassical economists,...

The proposed Australia-China Free Trade Agreement (ACFTA) has been in the offing since 2005 and survived a change of government in Australia. While little of a conclusive nature has been achieved, given that such free trade agreements have a gestation period of between 15 to 20 years, there is...

Cross border electronic funds transfers through large value transfer systems facilitate the movement of trillions of dollars across the major financial centers of the world. This ability to move large amounts of funds, and to move it rapidly, has contributed in no significant measure to the...

Capital exporting countries have attempted to protect the overseas investments of their multinational corporations (MNC) against host nation governments expropriating these investments, limiting the right to repatriate profits, or subjecting the withdrawal of their investments to heavy...

The investor-state arbitration process has been commonly used under bilateral trade and investment agreements since first adopted by the North American Free Trade Agreement (NAFTA) in 1994.This mechanism has well served the investment interests of multinational corporations. In recent times,...

In the wake of the Asian century, the Asia-Pacific region has seen a proliferation of FTAs. The driving force behind the initial formation of these agreements since the 1990s, however, has moved away from focusing on economic incentives to more strategic geopolitical concerns. This article...

This article examines the current status of the efficient markets hypothesis (EMH), which Fama proclaimed to be a well substantiated truth in 1978. The claims of EMH have been challenged by behavioural theory (which shows that individuals do not act to maximise their utility as asserted by...

This article examines the claim of securities markets efficiency based on the efficient markets hypothesis (EMH), which Fama proclaimed to be a well substantiated truth in 1978. Behavioural theory shows that individuals do not act to maximise their utility as asserted by neoclassical economists,...

There has been a continuous debate on the role and impact of credit cards and whether some practices adopted by this industry should be regulated. Regulators have been concerned about the interest rates and charges levied by card systems generally, and in particular with the shifting of the...

This paper discusses the issue of whether corporations and shareholders should be taxed separately as under the so called two tier or classical method of taxation, or whether the tax paid by the corporation should be seen as a payment made on behalf of and be imputed to the shareholder....