Corporate Governance relates to mechanisms through which providers of resources to the firm get their share of resources in return. Adequate governance practices help develop capital markets and assist market forces in attaining efficient contracts. Convincing evidence exists that well developed...

This paper provides an overview of the role of institutional investors in financial markets and in particular their role in the governance of corporations. The paper presents the theoretical and empirical evidence regarding the consequences of institutional investor trading and ownership on...

Latest evolutions predict a pessimistic perspective for international capital markets, 2008 proving to be the year characterized by financial shocks amplified by echoing bankruptcies in the financial and banking sector, nationalizations, takeovers and unforeseen restructurings. Being integrated...

Financial globalization, a complex phenomenon that has multiple facets, is directly influenced by some aspects characterizing the current stage of capitalism. In order to decrypt the set of such interferences, the consequences have been emphasized of the excessive trust in the market mechanisms,...

We examine the effects of bidding experience on two groups of investors – individuals and institutions – in terms of their decisions to bid again and their bidding returns. Bidding histories are tracked for all 31,376 individual investors and 1,232 institutional investors across all 84 IPO...

This article includes the analysis of the activity of institutional investors on the securities market of the Republic of Moldova, particularly transactions performed by the banking and the insurance sectors. The activity of investment funds is not analyzed, as practically there are no...

В статье рассматриваются основные подходы к классификации институциональных инвесторов как субъектов финансового ринка среди отечественных и зарубежных...

В статье проводился анализ инвестиционных возможностей негосударственных пенсионных фондов по показателям надежности и экономической эффективности, которые...

Ownership has been identified as a key mechanism in corporate governance. Agency theory suggests that high levels of ownership provide increased incentive for shareholders to monitor firm management which should lead to better firm performance. However, not every shareholder may have the same...

Crises have restructuring effects. The financial crisis symbolically exploded with the Lehman Brothers fall provides severe lessons regarding the governance patterns of financial institutions. The article deals with the specific case of the Italian foundations of banking origin and their...