Analysis of the effects of mortgage foreclosure laws on global economicsAmerica's sub-prime mortgage problems have had rippling effects on the economies of countries around the world, highlighting the many problems inherent in the legal infrastructures for both mortgages and the unconstitutional...

"Traditional research about Financial Stability and Sustainable Growth typically omits Earnings Management (as a broad class of misconduct), Complex Systems Theory, Mechanism Design Theory, Public Health, psychology issues, and the externalities and psychological effects of Fintech. Inequality,...

The main objectives of this article are a) to develop pricing schemes (for digital content) that reduce the information producers’ losses from copyright infringement while maximizing social welfare, b) show how the configuration of networks affects propensity for Digital Piracy and pricing of...

Since REITs are subject to mandatory Dividend payouts, and the REIT qualificataion statutes (Assset tests and Income tests), REITs have substantial incentives to manipulate their reported earnings, cash flow and assets. Also the unique nature of REITs creates accounting distortions that cause...

This article seeks to: a) introduce new applications and models of incentives, c) introduce new theories of unwarranted wealth-transfers and Disruption Costs inherent in the use of Equity-based Incentives (EBIs)

This paper analyzes several issues: 1) the efficiency of the new US goodwill rules, particularly within the context of large corporate transactions - Statement no. 141, Accounting for Business Combinations, and Statement no. 142, Accounting for Goodwill and Intangible Assets - 2) the goodwill...

Securitization has become prevalent in many countries, and has substantial impact on government monetary policy and fiscal policy which have not yet been adequately analyzed in the existing literature. This article develops optimal conditions for efficient securitization, identifies constraints...

There has been substantial activity and discussion in the public and private sectors about corporate accountability and disclosure. Many corporate transactions and disclosure statements are processed by lawyers, accountants, bankers and the SEC, and yet these documents and transactions remain...