Showing 1 - 5 of 5
The aim of this paper is to clarify the concept of alternative trading systems (ATS) and to present an interpretation of their role in the securities markets. The discussion focuses on trading venues related to debt instruments and equities. Geographically, the American and European markets are...
Persistent link: https://www.econbiz.de/10005771142
This paper analyses bank exit (ie reorganisation and liquidation) legislation in selected financial centres: New York, London, Frankfurt, Helsinki and Tokyo. The focus is on bank exit legislation applicable to commercial banks. The legislation is analysed from the perspective of bank...
Persistent link: https://www.econbiz.de/10005190764
This paper evaluates bank exit regimes in selected financial centres using econometric methods. The focus is on bank exit regimes applicable to commercial banks in New York, London, Frankfurt, Helsinki and Tokyo in 1998–2002. Bank exit regimes are studied from the perspective of bank creditors...
Persistent link: https://www.econbiz.de/10005423720
In financial market studies, public supervision has rarely been found to have any effects on financial market … financial market development, there is limited evidence that public supervision does the same. The objective of the paper is to … empirically investigate the relation between public supervision and financial market development. This is done by focusing on …
Persistent link: https://www.econbiz.de/10005423726
spillovers, business connections and improved access to private information that have a positive effect on CEO pay and incentive … higher and more incentive driven pay, evidence in favor of a market-based explanation for CEO compensation. …
Persistent link: https://www.econbiz.de/10010818975