Showing 1 - 10 of 125
shareholders' rights, which itself is not significant. The findings suggest that financial liberalization operates mostly through …
Persistent link: https://www.econbiz.de/10005825652
, particularly take-over activity. …
Persistent link: https://www.econbiz.de/10005263885
restructuring needs to take into consideration the payoffs and incentives for the various key stakeholders (i.e., shareholders, debt …
Persistent link: https://www.econbiz.de/10011245869
Persistent link: https://www.econbiz.de/10005590943
India. The results indicate that, in general, the risk management framework for the securities and derivatives clearing and … settlement systems in India is prudent. The operational reliability is high, and the regulation and oversight functions are … effective. The National Payments System in India has undergone a major reform, in particular the securities and derivatives …
Persistent link: https://www.econbiz.de/10011244082
This paper discusses the Former Yugoslav Republic of Macedonia’s (FYR Macedonia) Request for a Stand-By Arrangement and Extension of Repurchase Expectations. The authorities have asked the IMF to support an ambitious program that includes structural reforms that address the root causes of...
Persistent link: https://www.econbiz.de/10005824980
This paper examines Bulgaria’s 2004 Article IV Consultation and Ex Post Assessment of Longer-Term Program Engagement. Foreign direct investment inflows have been strong, reserves are rising, and competitiveness appears broadly adequate. Fiscal policy has been tightened in 2003, as the...
Persistent link: https://www.econbiz.de/10005825073
This paper discusses Trinidad and Tobago’s (TTO) Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Banking Supervision, and Payment Systems. TTO’s financial system is relatively large and structurally complex, demonstrating both...
Persistent link: https://www.econbiz.de/10005825460
Kuwait’s 2005 Article IV Consultation reports that the economic and financial positions are projected to remain strong mainly on the expectation that world oil prices will decline only gradually. Reflecting sharply higher oil prices and production, economic conditions improved...
Persistent link: https://www.econbiz.de/10005825472
This paper proposes a new approach to quantifying the effects of corporate governance reforms, by focusing on the dynamics of the voting premiums, a measure of the private benefits of control in a corporation. The results indicate that the reforms have been successful in reducing the voting...
Persistent link: https://www.econbiz.de/10005825659