Showing 1 - 10 of 3,253
to proposed SEC short-term borrowing disclosure regulation. Using event study methodology and two event dates -- that is … provides evidence that a “one-size-fits-all” approach to regulation is undesirable …
Persistent link: https://www.econbiz.de/10013030158
Persistent link: https://www.econbiz.de/10013166731
This paper focuses on the impact of financial market infrastructures (FMIs) and of their regulation on the post … FMIs regulation. By reviewing the current move from ‘private' markets to ‘public' markets internationally, and with respect …
Persistent link: https://www.econbiz.de/10013033390
Using a shock to the Chinese capital market and unique and detailed audit-adjustment data, this paper investigates the effect of a capital-market liberalization program on auditors' adjustments to their clients' financial reports. Employing difference-in-differences tests with propensity-score...
Persistent link: https://www.econbiz.de/10012846221
We investigate the effectiveness of regulatory oversight exercised by the SEC against auditors over the years 1996-2009. The evidence suggests that the SEC is significantly less likely to name a Big N auditor as a defendant, after controlling for both the severity of the violation and for the...
Persistent link: https://www.econbiz.de/10012959259
This paper analyzes the relation between CEOs monetary incentives, financial regulation and risk in banks. We present a … component of managerial compensation on risk taking. We then test empirically how monetary incentives provided to CEOs in 2006 …. The cross-country dimension of our sample allows us to study the interaction between CEO incentives and financial …
Persistent link: https://www.econbiz.de/10013050210
An important question in banking is how strict supervision affects bank lending and in turn local business activity. Supervisors forcing banks to recognize losses could choke off lending and amplify local economic woes. But stricter supervision could also change how banks assess and manage...
Persistent link: https://www.econbiz.de/10012668203
This study examines the effect of SEC regulations on firm valuations and corporate policies over the past 50 years. I build a time-varying and industry-specific measure of SEC regulatory restrictions, based on the universe of effective SEC rules and machine-learning relevance of the regulations...
Persistent link: https://www.econbiz.de/10012831482
Current theories of financial regulation suggest expanding rules-based formal state intervention to promote …-based informal co- and self-regulation through domestic (gentlemen's) agreements underpinned West German bank internationalisation … regulation, drawing on unused primary sources: Coalitions between the German regulating and regulated actors were bolstered by a …
Persistent link: https://www.econbiz.de/10014436557
Financial regulation today is largely framed by traditional business categories. The financial markets, however, have … problems addressed by (but now beyond the reach of) current regulation, and the rise of new problems that reflect change in how … financial regulation, in light of recent changes in the financial system, and offer a tentative way forward to address gaps in …
Persistent link: https://www.econbiz.de/10013151563