Showing 1 - 10 of 20
English Abstract: The author proposes a new type of asset-backed security, called Exchange Traded Pieced Loan (ETPL), designed to address a variety of major issues for savers, lenders, borrowers, authorities and other stakeholders in China's markets for investment and credit. An ETPL's...
Persistent link: https://www.econbiz.de/10013053830
English Abstract: The authors review the availability and allocation of commercial credit in China, the investment options presented to savers and the funding options available to Chinese banks. They highlight the markets intrinsic deficiencies, vast externalities and tremendous potentials for...
Persistent link: https://www.econbiz.de/10013057291
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Chinese Abstract: 在国际投资仲裁案件菲利普·莫里斯烟草公司(Philip...
Persistent link: https://www.econbiz.de/10013219089
This paper extends the results obtained by Hwang et al. (1997) and Yang (2005) to the case of multi-domestic firms. Either the domestic government's budget constraint may be binding or there exists the social cost which caused by financing the export subsidy, we find that the policy of the...
Persistent link: https://www.econbiz.de/10008555979
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Chinese Abstract: MM 命题的最大贡献是提出完美市场假设和使用套利证明方法。本文回顾了完美市场假设和无套利原理,然后对 MM...
Persistent link: https://www.econbiz.de/10012854798
Chinese Abstract: 融資限制指的是:公司無法按照最適投資所要求的條件來取得外部資金, 以致無法達到最適投資。本研究建構一個基於盈餘資訊性的融資限制之理論模...
Persistent link: https://www.econbiz.de/10013016839
Chinese Abstract: 在臺灣金融市場歷史,上市公司在除息後,未能在半年內支付現金的案例是:英誌與科風。前者在除息後的第582日才支付現金,後者至今...
Persistent link: https://www.econbiz.de/10013023691