"This book puts forward an innovative standpoint for politics and governance that seeks meaningful connections with organized crime, corruption and ecocide. Looking into the sources of their growth and global spread, it upholds that capitalism, the market system and economic liberalism have...

The pricing of financial assets, this paper contends, it does not consist only in assessing a technical value from a valuation model and then calibrating such value by looking at the market. In order to sharpen up his complex process we are going to handle, firstly, a valuation procedure that...

In this paper, we introduce a Transactionally Efficient Market Model, which evolves from the standard efficient market model, encompassing both transaction costs and bid-ask prices. Hence, we delve into how arbitrage makes its way within this complex setting. The main outgrowth of the analysis...

The purpose of this paper is to model differential rates over residual information sets, so as to shapetransactional algebras into operational grounds. Firstly, simple differential rates over residualinformation sets are introduced by taking advantage of finite algebras of sets. Secondly,...

This paper argues that accountability in organizations should not be constrained to responsibilities alone, but it must also comprise the previous commitments without which responsibilities remain meaningless. It also asserts that transparency should not be merely predicated upon the production...

This paper argues that special purpose vehicles, SPVs, are two-edged financial constructs whose bad edge consists in conveying opaque governance, whereas its good one amounts to interesting financial engineering. Firstly, the notion of opaque governance is highlighted, to focus next on SPVs and...

In this paper we are concerned with the existence of a dynamic arbitrage gap that evolves out of an adjustment process for disequilibrium prices, within a complex dynamics framework which takes into account the market microstructure and transactions costs. Although this gap exhibits non linear...

In this paper we introduce a Cash Flow Model with Float so as to overcome apparent shortcomings that pervade the Standard Cash Flow Model. We deploy the complex structure the float exhibits and this allows not only for strategic financial decision making but a much more sensible use of sources...

It is our purpose here to show the deep relationship between differential rates and their underlying information sets. To accomplish our task, we will make for the following stages: In the first place, we deal with scaled changes along a period and conditional rates of change within a discrete...

This research paper brings forward a non-standard convertible zero-coupon bond endowed with a set of distinctive features attached to it so as to strengthen the corporate governance of the issuer, namely that conversion actually takes place at maturity date only; that conversion is mandatory; it...