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to investigate the effects of the previous extensive reform of the Companies Act in 1980. The reform improved both … measured by different indices. The impact on stock returns was assessed by examining how news reports on the reform affected … surprises in the reform process and the stock prices adjusted efficiently to the new information relating to the small and …
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Banking and financial services have traditionally been a heavily regulated industry where technology alone has not been a sufficient factor to transform the operating architectures of the industry. The pervasive view in the financial industry has been that digitalization and its integrational...
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