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Research and Science Today Journal is a publication founded in 2011 and it is dedicated to the students of all levels (license, master and doctoral) of faculties in the country and abroad. We want to offer the participants the opportunity to present their scientific works in the following areas:...
Persistent link: https://www.econbiz.de/10011258994
behaviour. We find that the impact of regulation on investment is both sector and firm specific. A reduction in the degree of …
Persistent link: https://www.econbiz.de/10009322440
As a result of reforms and financial sector development, the People’s Bank of China (PBoC) now exerts significant control over money market interest rates. With money market conditions increasingly influencing effective commercial lending rates, the PBoC is also able to affect the cost of...
Persistent link: https://www.econbiz.de/10008764467
exclusive rights of use over information and on the self-regulation of on-line communities. Through a decentralized system of …
Persistent link: https://www.econbiz.de/10010765455
I show that legal uncertainty, i.e., uncertainty about the legality of a specific action, has positive welfare effects. Legal uncertainty works as a screening device provided that the threshold of legality is uncertain. The uncertainty discourages controversial actions, while it encourages...
Persistent link: https://www.econbiz.de/10011106489
finds that despite the regulatory difficulties, the Internet is far from being a “regulation-free” space as there are … regulation. Most of them aim at protecting personal data and consumers more generally. In many cases generally applicable laws … normes de l'industrie, des accords de co-régulation entre l'industrie et le gouvernement, et dans certains cas, la …
Persistent link: https://www.econbiz.de/10011276839
Although traffic safety belongs to the quite intensively regulated sectors, there has been little discussion about the adequacy of the arguments underlying these regulations. We argue that passive and active car safety systems might cause positive externalities for other traffic participants and...
Persistent link: https://www.econbiz.de/10011278809
state sovereignty for electricity regulation and a wide-reaching market opening for private investors and electricity …
Persistent link: https://www.econbiz.de/10005755163
The past few years have seen a growing trend towards the focus on audit liability. In the UK, the Company Law Reform Bill which became the Companies Act 2006, has removed the previously existing limits on auditor liability and compelled an agreement between the company and the auditor. As well...
Persistent link: https://www.econbiz.de/10008559056
Recent economic theories have investigated the susceptibility of diverse public bureaucratic structures to capture by private industry. In particular, Laffont and Martimort (1999) propose that the separation of regulatory powers will reduce the threat of capture. We analyse investor reaction to...
Persistent link: https://www.econbiz.de/10005504380