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Israel’s compliance with International Organization of Securities Commissions’ objectives and Principles of Securities Regulation has been assessed. The regulatory regime is well developed and in most respects is comparable with that of major jurisdictions. For the most part, it is...
Persistent link: https://www.econbiz.de/10011242660
semigovernment authorities. The China Securities Regulatory Commission has the ability to share public and nonpublic information with …
Persistent link: https://www.econbiz.de/10011242961
This technical note assesses the reform of Spanish savings banks (SSBs). It provides a brief overview of the SSB institutional framework before the reform, and describes the main factors that led to the financial distress, albeit uneven, of the SSB sector. The note outlines major regulatory and...
Persistent link: https://www.econbiz.de/10011244106
Sound corporate governance is essential for a well-functioning banking system and the integrity of financial markets …. The paper discusses the corporate governance of Italian banks, its regulatory framework, and the specific challenges … improving their corporate governance, more needs to be done. In this regard, further improvements should include: (i …
Persistent link: https://www.econbiz.de/10010959465
This paper investigates the relationship between ownership concentration and enterprise performance in Ukraine. Using data on 376 medium and large enterprises, it finds that ownership concentration is positively associated with enterprise performance in Ukraine. The paper also finds that...
Persistent link: https://www.econbiz.de/10005826048
This paper presents Detailed Assessment of the United States’s implementation of the International Organization of Securities Commissions’ Objectives and Principles of Securities Regulation. The general preconditions for effective securities regulation in the United States are...
Persistent link: https://www.econbiz.de/10011243733
This Selected Issues paper for Italy presents updated estimates of potential growth for Italy, using new techniques that draw on co-movements of output, employment, and inflation over the business cycle to distinguish trends from cycles. The paper provides an assessment of an...
Persistent link: https://www.econbiz.de/10005825027
protection and corporate governance. Comissão do Mercado de Valores Mobiliários (CMVM) is the regulator in charge on ensuring … compliance with disclosure issues as well as the corporate governance framework. It has also participated in the creation of a …
Persistent link: https://www.econbiz.de/10011242466
This study reviews selected issues on investor protection and corporate governance in Australia, and concludes that the … corporate governance framework for Australian-listed companies is largely healthy and dynamic. Shareholder activism is an … important element of corporate governance because it promotes compliance and implementation of disclosure and corporate …
Persistent link: https://www.econbiz.de/10011243130
This paper reviews developments in corporate performance in the FYR Macedonia during the 1990s. The paper finds substantial differences in performance between surviving old firms and nimbler new ones. The paper reviews factors that facilitated restructuring among surviving firms, and concludes...
Persistent link: https://www.econbiz.de/10005599589