This thesis comprises three studies on CEO compensation in the UK. It specifically examines the role of CEO defined-benefit pensions, compensation consultants and CEO stock options.Firstly, research on the role of executive pensions is still at a stage of infancy due to data difficulties...

Tournament theory shows that a firm may motivate employees by running competitors for rewards either for a group or individualistic schemes. The empirical literature on Tournaments has been grown. However, many studies use no appropriate data. This paper provides the first empirical evidence on...

Credit Default Swaps have become a large part of financial markets and recently the center of debate between academics and regulators alike. Transferring the techniques to measure information flow between the CDS market and stock markets presented by Acharya and Johnson (2007), this paper looks...

The global financial crisis that commenced in June 2007 has been described as the most serious financial crisis since the Great Depression of the 1930s. It resulted in considerable international distress with almost all major banks experiencing capital shortages and some defaulting outright....

In this paper we investigate how Financial Soundness Indicators (FSI) responds to changing macroeconomic and institutional conditions. FSls are aggregate measures of the current financial health and soundness of financial institutions in a country including corporate and household...

By observing the economies of China, Germany, Japan, the United Kingdom and the United States, the article aims to study whether the economies are genuinely motivated to enhance global financial regulations. Throughout the Great Recession, the G20 nations have repeatedly declared that reforming...

This course, offered by the MIT Center for Real Estate, focuses on developing an understanding of the macroeconomic factors that shape and influence markets for real property. We will develop the theory of land markets and locational choice. The material covered includes studies of changing...

Zusammenfassung: Diese Arbeit liefert eine institutionenökonomische Sicht auf den chinesischen Bankensektor des Jahres 2005. Im theoretischen Teil werden etablierte makroprudentielle Indikatoren zur Prüfung der Bankenstabilität in einen Rahmen aus informellen und formalen marktregulierenden...

Bankinis sektorius yra vienas iš svarbiausių ekonomikos sektorių, užtikrinančių, kad ekonomikoje nepaliaujamai vyktų pinigų manai ir cirkuliacija. Todėl tyrimai, susiję su bankų kreditavimo pokyčiais yra itin aktualūs. Didėjanti besivystančių rinkų svarba globalioje ekonomikoje,...

Studying the development of credit institutions in the economy is relevant as there is a strong relationship between the activity of the financial institutions and the economic growth as well as the economic stability. The changes in the European financial services sector are related to the...