Die Arbeit beschreibt die Ausgestaltung des Anlegerschutzes in Japan vor dem Hintergrund der Deregulierung des japanischen Finanzsystems und in Zusammenhang mit der Entwicklung des Verbraucherschutzes.

American Depository Receipts (ADRs) represent shares of foreign firms that are issuedand traded in the U.S. Since an ADR and its underlying shares represent ownership interest ofthe same firm, they should be perfect substitutes in a perfect market. However, marketimperfections such as...

American Depository Receipts (ADRs) represent shares of foreign firms that are issued and traded in the U.S. Since an ADR and its underlying shares represent ownership interest of the same firm, they should be perfect substitutes in a perfect market. However, market imperfections such as...

Financial globalization is an inherent feature of today’s economies. But the positive impact of financial globalization has been limited and some puzzling evidence has been found recently. To explain these puzzles, Stulz argued that finance is critically affected by Twin Agency Problems:...

This dissertation is composed of two distinct chapters. The first chapter is concerned with the secular trends in corporate cash holdings and the determinants of the changing cash policies for seven industrialized countries--Australia, Canada, France, Germany, Japan, the US, and UK. In the first...

Offshore outsourcing continues to gain prominence as the printing industrystrides into the future. With different segments of the industry looking at reducingcosts and, in exchange providing value-added services, more companies turntowards outsourcing services offshore as a solution. Although it...

The root causes of subprime crisis are analyzed based on the introduction of the definition and features of subprime mortgage loans: firstly, a loose financial supervision and regulation environment leads to weak risk awareness; secondly, the highly complex financial products enlarge the risk....

Dėl vykstančių globalizacijos, finansų rinkų integracijos, konsolidacijos bei internacionalizacijos procesų šalių finansų sektorius veikia daug veiksnių, skatinančių finansinės priežiūros modelių transformacijas. Pagrindinis darbo tikslas – įvertinus finansinės priežiūros...