The reaction of stock prices to bankruptcy filing has been frequently analysed in the financial literature. In this paper we adopt a different approach to that of traditional study, and endeavour to determine whether the reaction of markets is conditioned by the orientation of bankruptcy law....

The considerable amount of required infrastructure and renewable energy investments expected in the forthcoming years also implies an increasingly relevant contribution of private and institutional investors. In this context, especially regulatory and policy risks have been shown to play a major...

Intro -- Contents -- Preface -- 1. Capitalist Diversity in Open Economies -- 2. Governments, Business, and the Design Problem -- 3. Three Models of Open Governance -- 4. Britain: From Replacing to Reinforcing a Liberal Market Economy -- 5. France: The Centralized Market Economy and Its...