This paper examines the financial impact of a transfer of legal sovereignty covering the rights to collateral to an international regime in the case of the Cape Town Convention and Protocol covering international mobile assets, specificallycommercial aircraft and related equipment, which came...

This paper examines the financial impact of a transfer of legal sovereignty covering the rights to collateral to an international regime in the case of the Cape Town Convention and Protocol covering international mobile assets, specificallycommercial aircraft and related equipment, which came...

This paper examines the financial impact of a transfer of legal sovereignty covering the rights to collateral to an international regime in the case of the Cape Town Convention and Protocol covering international mobile assets, specificallycommercial aircraft and related equipment, which came...

This paper considers the generic processes and linkages that comprise financial intermediation - the basic 'financial hydraulics' that ultimately drive efficiency and innovation in the financial system and its impact on real-sector resource allocation and economic growth. Maximum economic...

This paper analyzes empirical evidence regarding mergers and acquisitions in the global financial services industry. It examines the global deal-flow during the eleven-year period 1985-95 and generates a global typology of intra- and inter-sectoral Mamp;A transactions among and between banks,...

In their historical development, organizational structure, and strategic direction, universal banks constitute multi-product firms within the financial services sector. Certainly within their home environments, universal banks effectively target most or all client-segments, and make an effort to...

We examine the industrial organization and institutional development of the assetmanagement industry in Asian developing economies specifically in China, Indonesia,Korea, Malaysia, Singapore, Philippines and Thailand. We focus on the size and growthof the buy-side of the respective financial...

This paper attempts define reputational risk in financial intermediation and to identify the proximate sources of reputationalrisk facing financial services firms. It then considers the key drivers of reputational risk in the presence of transactions costs and imperfect information in financial...

management industry in Asian developing economies specifically in China, Indonesia,Korea, Malaysia, Singapore, Philippines and Thailand. We focus on the size and growthof the buy-side of the respective financial markets, asset allocation, the regulatoryenvironment, and the state of...

This survey paper reviews the basic parameters of strategic positioning and execution in multi-functional financial services firms. We begin with a model of financial intermediation between end-users of the financial system as a way of locating specific financial intermediation functions. Shifts...