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This article compares the cost of trading large capitalisation equities on the hybrid order-driven segment of the … London Stock Exchange and the centralised electronic order book of Euronext. Using samples of stocks matched according to …
Persistent link: https://www.econbiz.de/10010905293
В статье рассматривается одна из актуальных проблем для предприятий в настоящее время, а именно нахождение необходимой и достоверной информации для проведения...
Persistent link: https://www.econbiz.de/10011232177
В работе в доступной форме рассмотрены и проанализированы основные экономические теории, которые являются основой для оценки стоимости бизнеса. Цель статьи...
Persistent link: https://www.econbiz.de/10011270020
We survey 861 finance academics, professionals, and public sector regulators and policy economists about climate finance topics. They identify regulatory risk as the top climate risk to businesses and investors over the next five years, but they view physical risks as the top risk over the next...
Persistent link: https://www.econbiz.de/10012616584
This paper is focused on the notion of wealth as used by different authors in different periods of time. The paper deals with the contrast between the notion of wealth shared by all major classical economists, particularly by Adam Smith, and the notion previously held by the Mercantilists (by...
Persistent link: https://www.econbiz.de/10005836064
The main objective of this work is to identify the determining role of the evolution of government debt on the Romanian economy in current conditions of global financial crisis. With a view to make clear the analyzed phenomenon, we have employed an important amount of statistic data in order to...
Persistent link: https://www.econbiz.de/10010598336
Modern financial economics assumes that we behave with extreme rationality but we do not. Furthermore, our deviations from rationality are often systematic.This paper tries to offer a starting point in the investor’s psychology analyses in the framework of the latest events in the Romanian...
Persistent link: https://www.econbiz.de/10005417611
dividend-price ratio of Danish stocks. The key fundamentals-variable <p> is a time-varying discount rate, decomposed into time …-varying measures for the growth-adjusted <p> real interest rate and the risk premium on stocks. In addition, the model includes <p …
Persistent link: https://www.econbiz.de/10005419451
simply an informational effect it will impose a social cost on our economic system. If this is true for intra … cost to shareholders. Most of the studies on contagion attempts to differentiate between a "pure" contagion effect and a …
Persistent link: https://www.econbiz.de/10005419883
This paper examines two qualitative rules of thumb, frequently invoked in discussions of bank regulatory policy. The first, that equity holders prefer more risk to less, derives from a result in option pricing theory, that an option's value increases monotonically with the riskiness of the...
Persistent link: https://www.econbiz.de/10005419915