Showing 1 - 10 of 31,902
We study the impact of the announcement of enforcement of financial and securities regulation by the UK’s Financial …
Persistent link: https://www.econbiz.de/10008682887
Income and earning inequality has been on the rise in most of the OECD and in many emerging economies since the 1980s. This paper estimates a model of earnings inequality across OECD countries that incorporates determinants of relative demand and supply of more and less-skilled labour. Drawing...
Persistent link: https://www.econbiz.de/10010465013
are subject to regulation by local authorities, resulting in both practical and strategic implications for manufacturers …, along with a more complex set of innovation incentives. This chapter presents background on medical device regulation … adverse events and recalls), and concludes with a discussion of the implications of regulation for innovation incentives in …
Persistent link: https://www.econbiz.de/10013477189
study the optimal regulation of transformative technologies when society can learn about these risks over time. Socially … all social damages, and sector-independent regulation is helpful but generally not sufficient to restore optimality …
Persistent link: https://www.econbiz.de/10014322848
remaining challenges are addressed, capital regulation can be a powerful tool for enhancing the role of banks in the economy …
Persistent link: https://www.econbiz.de/10010205922
addressed by an approach to financial regulation that imports its functional foundations more vigorously into the interpretation … and implementation of existing rules. It shows that the general policy goals of prudential banking regulation remain …
Persistent link: https://www.econbiz.de/10010411253
This paper examines the relationship between acquirer size, sovereign governance, and value-creation in acquisitions. Prior literature indicates that larger acquirers' acquisitions create less shareholder wealth in developed markets, arising primarily from agency and entrenchment problems....
Persistent link: https://www.econbiz.de/10010776950
We show that public companies frequently changed their board structures before implementation of the Sarbanes–Oxley Act, with two-thirds of firms changing board size or independence during an average two-year period. Board changes were associated with changes in firm-specific fundamentals, but...
Persistent link: https://www.econbiz.de/10010719628
Purpose – Legislators legislate, but how feasible and effective the implementation and enforcement of these laws are and how congruent with the countries characteristics, is under doubt. The paper seeks to argue that the Greek law on corporate governance (CG) had no effect on the fundamental...
Persistent link: https://www.econbiz.de/10009391963
This is a preliminary study on the status of the U.S. in the global market for derivatives-related services. We include some of the policy choices available to enhance this status. We begin with a review of the importance of active and efficient derivatives markets for the U.S. economy. We then...
Persistent link: https://www.econbiz.de/10009507015