Shipping is a heavily regulated sector, and autonomous ships will by no means be able to escape the public regulator's agenda. Furthermore, regulatory adaptation is necessary because current laws oppose the introduction of this new technology. In contrast to maritime shipping, in which...

The present research shows the influence of institutional differences on the performance of initial public offerings (IPOs), both at the level of initial underpricing and at the level of 1-, 3- and 5-year performance. Our results represent a relevant empirical contribution to the international...

The introduction of the euro followed a period of restructuring in corporate Europe and contributed towards the integration of financial markets and transparency in equity pricing. In this process the euro facilitated the development of alliances among exchanges and infrastructure providers. As...