This study evaluates the effect of the Capital Purchase Program during the 2008-2009 financial crisis on the cost of equity of 170 publicly listed banks in the United States that received funding. We document robust evidence that the liquidity provided by the government bailout reduced the cost...

The current financial sector of Vietnam nowadays has the same problems as Korean case after the financial crisis 1997. These problems are: high non-performing loans ratio (about 6-7%), low capital adequation ratio (less than 7%), lack of transparency, etc. But Korea had a good deal with these...

This paper tried to figure out the relation between the Neo-liberalism (with the spontaneous order as its core) and the recent global financial crisis which occurred at the end of 2007 and still on the go until now. Hence, the paper concludes that the Capitalism itself can not avoid or cure its...