Similar Search Results

Empirical Evidence on Economic and Financial Aspects of Intensive Insider Trading

Wisniewski, Tomasz Piotr - 2004

This thesis contributes to the literature by providing new insights into the patterns and market implications of insider trading. The inferences presented here are based on the insider trading reports filed with the Polish Securities and Exchange Commission and the New Zealand Exchange. First,...

Persistent link: https://www.econbiz.de/10009460738

Implementierung effizienter Marktstrukturen bei asymmetrischen Informationen : die Rolle des Informationstransfers

Paust, Michael - 2010

Allokationsverfahren zur Vergabe von Zutrittslizenzen an Marktneulinge differieren hinsichtlich mehrerer Aspekte. Einer davon ist die Veröffentlichung der vom Regulierer im Lizenzvergabeverfahren gesammelten Informationen. Der Autor untersucht den Einfluss der Informationsweitergabe auf die...

Persistent link: https://www.econbiz.de/10009467401

Internationale Verschuldungskrisen, die Kreditvergabepolitik des IWF und Schuldner-Moral-Hazard : eine Analyse aus vertragstheoretischer Sicht

Frech, Tim - 2005

Als zentralem Bestandteil der internationalen Finanzarchitektur kommt dem Internationalen Währungsfonds (IWF) heutzutage immer öfter die Aufgabe zu, bei Verschuldungskrisen souveräner Staaten, insbesondere weit fortgeschrittener Schwellen- und Transformationsländer, als multilateraler...

Persistent link: https://www.econbiz.de/10009471827

Cross-Listing, Close Bank-Firm Relationships and Ownership Structure: Empirical Evidence on Corporate Governance Mechanisms

Korczak, Adriana - 2006

States. It argues that because of legal bonding, insiders in companies cross-listed in the United States may gain …

Persistent link: https://www.econbiz.de/10009460742

Susijusių asmenų sandorių įtakos akcijų rinkos grąžai tyrimas: Lietuvos atvejis

Rumbutytė, Agnė - 2009

The main goal of this paper is to investigate insiders of “NASDAQ OMX Vilnius”companies trading impact on stock market … return in 2005-2008. The first part of paper provides an analysis of insider trading conception, impact on insiders companies … investment environment and its impact on activities of insiders of 28 companies. The event study methodology and market model is …

Persistent link: https://www.econbiz.de/10009478894

Foreign Ownership Restrictions: A Numerical Approach

Karabay, B; Pulverer, G; Weinmuller, E - 2009

In this paper, we analyze the reason behind the use of foreign ownership restrictions on inward Foreign Direct Investment (FDI). We extend the results developed in Karabay (2005) by changing the condition on share distribution in the model. Due to this change, we are able to analyze the...

Persistent link: https://www.econbiz.de/10009430967

Foreign Direct Investment and Host Country Policies: A Rationale for Using Ownership Restrictions

Karabay, B - 2010

This paper examines host governments' motivation for restricting ownership shares of multinational firms(MNFs) in foreign direct investment (FDI) projects. An MNF with a productivity advantage is willing to invest in a host country. The host government wants to capture the MNF's surplus yet...

Persistent link: https://www.econbiz.de/10009430968

Three Essays on Quality Differentiation

Ferrier, Peyton Michael - 2004

This dissertation includes three essays that consider the role of quality variation within agricultural production when consumers are heterogeneous in their preferences for quality. The first essay, 'The Welfare Benefits of USDA Beef Quality Certification Programs,' estimates the consumer...

Persistent link: https://www.econbiz.de/10009431271

Common agency and public good provision under asymmetric information

David Martimort; Humberto Moreira - École des Hautes Études en Sciences Sociales, …; … - 2010

[This item is a preserved copy. To view the original, visit http://econtheory.org/] The provision of public goods under asymmetric information has most oftenbeen viewed as a mechanism design problem under the aegis of an uninformedmediator. This paper focuses on institutional contexts without...

Persistent link: https://www.econbiz.de/10009455290

Information and capital asset pricing

Li, Baibing; Yin, Xiangkang - 2011

Investors in a market frequently update their diverse perceptions of the values of risky assets, thus invalidating the classic capital asset pricing model's (CAPM) assumption of complete agreement among investors. To accommodate information asymmetry and belief updating, we have developed an...

Persistent link: https://www.econbiz.de/10009461350