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The main argument of this paper is, namely, the need for greater emphasis on disclosure requirements and measures – particularly within the securities markets. This argument is justified on the basis of lessons which have been drawn from the recent Financial Crises, one of which is the...
Persistent link: https://www.econbiz.de/10008543531
Safety is costly, but lack of safety can be even more expensive. This contribution considers the various dimensions of “Economics of Safety”, ranging from safety at work to road safety, terrorism and crime. Economic science helps to understand the role of safety as a (public or private) good...
Persistent link: https://www.econbiz.de/10011257691
The principal aim of this paper is to select a contractor who offers the best value for money. This will nearly always involve a process of competitive tendering. The final decision as to which contractor offers the best value for money will be determined by the factors like quality/price...
Persistent link: https://www.econbiz.de/10011258342
This paper proposes and empirically validates four theories of why legal origin influences growth and welfare through finance. It is a natural extension of “Law and finance: why does legal origin matter?” by Thorsten Beck, Asli Demirgüç-Kunt and Ross Levine (2003). We find only partial...
Persistent link: https://www.econbiz.de/10009323648
This paper assesses how legal-origin influences financial development through regulation quality and the rule of law. It uses data collected after pioneering works on the law-finance nexus to assess hypotheses resulting there-from in the context of Africa. Distinctions are made between English,...
Persistent link: https://www.econbiz.de/10009325560
This paper cuts adrift the mainstream approach to the legal-origins debate on the law-growth nexus by integrating both overall economic and human components in our understanding of how regulation quality and the rule of law lie at the heart of economic and inequality adjusted human developments....
Persistent link: https://www.econbiz.de/10009325593
In federal court and many state courts across the United States, once a defendant is convicted, judges are routinely permitted, and in fact, sometimes required to increase a defendant’s sentence based on relevant conduct, of which he was acquitted at trial, or conduct for which he was never...
Persistent link: https://www.econbiz.de/10011110532
This study empirically investigates the causal relationship between mineral exploration and environmental pollution in Nigeria with specific focus on natural gas and crude oil in Niger Delta region. The model of Granger causality tests was used. Quarterly data covering 2008 and 2009 were used in...
Persistent link: https://www.econbiz.de/10008835339
Although, Islamic law has been in existence for more than fourteen hundred years, but its implementation have been subjected to the willingness of the rulers in the passage of history and civilization. Although, the study on financial contracts has been extensively reviewed, the role of Islamic...
Persistent link: https://www.econbiz.de/10005787199
This article is concerned with the evolving free movement rights of Turkish nationals in the European Union (‘EU’). The right to move freely represents one of the fundamental freedoms of the internal market, as well as an essential political element of the package of rights linked to the...
Persistent link: https://www.econbiz.de/10011210473