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Banks in the European Union recently started publicly reporting data on profit, number of employees, turnover and tax on a country-by-country basis. I introduce the largest, hand-collected data set of its kind, which covers almost 50 banks for up to 5 years between 2013 and 2017. I identify the...
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The high international capital positions of offshore financial centers (OFCs) have led to increasing research in the area. However, many unanswered questions remain, as OFC activities are secretive by nature and data is sparse. It is, for example, not even clear whether the financial industry...
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We employ an event study methodology to investigate the stock price reaction around the day of the political decision to include a country-by-country reporting obligation for EU financial institutions. We do not find significant abnormal returns for the banks affected. Sample splits according to...
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Frontmatter -- Contents -- Preface -- 1 Global Flows and the Politics of Circulation -- 2 Derivatives, Risk, and … World of Risk -- 7 Derivatives and the Stability of the State -- Glossary -- Notes -- Bibliography -- Index … and price risk. They describe how these financial instruments are changing the face of capitalism, undermining the power …
Persistent link: https://www.econbiz.de/10014488442