Showing 1 - 10 of 1,083
stronger shareholder protection and if the target’s industry is more competitive. We conclude that the international market for … corporate control promotes the adoption of better corporate governance practices around the world …
Persistent link: https://www.econbiz.de/10014394542
This paper assesses whether cross-border M and A decisions exhibit network effects. We estimate exponential random graph models (ERGM) and temporal exponential random graph models (TERGM) to evaluate the determinants of cross-country M and A investments at the sectoral level. The results show...
Persistent link: https://www.econbiz.de/10012154966
-not (necessarily) as a source of development finance). The case for such taxes is strong: the tax burden on international aviation is …
Persistent link: https://www.econbiz.de/10014400375
The paper surveys the characteristics of explicit systems of deposit insurance in 68 countries. It compares these actual practices with a set of best practices that has been adopted by IMF staff for their advice to member countries. These best practices seek to establish a system of deposit...
Persistent link: https://www.econbiz.de/10014400419
The paper''s central theme is that where a financial crisis emerges, regional supervisors should have systems in place to effectively respond to their country-specific crises and-in the case of foreign operations and financial conglomerates-to collaborate comprehensively with other supervisory...
Persistent link: https://www.econbiz.de/10014400736
This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and … of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the … analysis of international economic interdependence focusing on income, consumption, and international borrowing. A simulation …
Persistent link: https://www.econbiz.de/10014396181
, monetary and fiscal issues, global liquidity, and national and international economic developments …
Persistent link: https://www.econbiz.de/10014395947
This paper shows that banks use accounting discretion to overstate the value of distressed assets. Banks'' balance sheets overvalue real estate-related assets compared to the market value of these assets, especially during the U.S. mortgage crisis. Share prices of banks with large exposure to...
Persistent link: https://www.econbiz.de/10014402374
Over the last decade China's investment in Latin America and the Caribbean (LAC) has increased substantially in volume and become more diversified from natural resources to other industries. Using cross-border mergers and acquisitions data, we demonstrate that since mid-2010s China's overseas...
Persistent link: https://www.econbiz.de/10012612332
We study how lobbying affects the resolution of failed banks, using a sample of FDIC auctions between 2007 and 2014. We show that bidding banks that lobby regulators have a higher probability of winning an auction. In addition, the FDIC incurs higher costs in such auctions, amounting to 16.4...
Persistent link: https://www.econbiz.de/10011763817