This paper examines the effects of automation on the liquidity, volatility, returns and efficiency of shares traded on the Tunisian stock exchange (TSE). By the end of 1996, stocks listed on the TSE were transferred gradually from manual trading to automated trading. The TSE operates a...

Purpose Analysis of the guidelines on investment recommendations (“Guidelines”) issued by the Italian Securities and Exchange Commission (“CONSOB”) on the application of the EU Regulation No. 596/2014, the Market Abuse Regulation (“MAR”). Design/methodology/approach This article...

Purpose This study aims to examine the association between chief executive officers’ (CEOs) characteristics and sell-side analysts’ recommendations. Design/methodology/approach This study uses a sample of firms listed on the London Stock Exchange and uses two databases, Capital IQ and...

Purpose To provide a practical look at the European Union Market Abuse Regulation (Regulation EU No. 596/2014) (“MAR”) and some of its uncertainties, particularly the issue of its wide reaching jurisdictional scope. Design/methodology/approach The article takes a three pillar approach...

Purpose The purpose of this paper is to study the effect of X‐Stream, the new trading platform of the Colombian Stock Exchange since February 2009, on the market quality. Design/methodology/approach The authors test the effect of X‐Stream on market quality variables, such as liquidity...

There has been growing concern about ghostwriting practices in peer-reviewed biomedical journals. As a result, various proposals have been put forth to abolish or prevent the practice of ghostwriting. In this article, we review the issues underlying ghostwriting in medical research; highlight...

Purpose The purpose of this paper is to find out whether the election of star analysts leads to the conflict of interests between analysts\institutional investors and individual investors. And then, further investigate how the election results to influence the individual investors’ decision...

Purpose – The aim of this article is to formulate and represent some common characteristics about conflict of interest as a global legal occurrence. All the conclusions made here are based upon 11 European countries legislations. As do similarities so do differences in every separate...

Implications of the Sarbanes‐Oxley Act of 2002 for the rendering of tax services by registered public accounting firms are discussed. Certain tax services performed for an audit client that might impair the independence of the audit firm are investigated. Disclosure requirements for tax...

Purpose The purpose of this paper is to examine the direct linkage between professional scepticism and auditor independence. Design/methodology/approach The study reviews the extant literature on professional scepticism, auditor independence, conflict of interest and unconscious bias. Findings...