At present primarily governed by market forces with little regulatory interference, international financial relations have become increasingly important for global as well as national economies. Contributors to this volume consider whether this absence of regulation is wise, in the light of...

This book offers different perspectives on China’s business and law. It aims to offer an introduction into both theoretical and practical aspects of China’s law on foreign related business affairs. This comprises economic and political background information, including China’s economic...

This book offers different perspectives on China?s business and law. It aims to offer an introduction into both theoretical and practical aspects of China?s law on foreign related business affairs. This comprises economic and political background information, including China?s economic evolution...

Vor dem Hintergrund der für die Kreditinstitute voraussichtlich zum 1.11.2007 anzuwendenden europäischen Richtlinie über Märkte in Finanzinstrumenten sowie ihrer entsprechenden Durchführungsbestimmungen stellt sich die Frage, welche Anforderungen für die Anlageberatung der Kreditinstitute...

Das Wertpapiererwerbs- und Übernahmegesetz (WpÜG) schafft für deutsche Zielgesellschaften einen neuen organisierten Markt für die Konzentration von Streubesitz. Der Beitrag analysiert den Regulierungsbedarf aus ökonomischer Sicht, er präsentiert und erläutert die ausgeklügelten...

Our study analyzes a large sample of transactions carried out by corporate insiders reported to the German regulatory authority BaFin in the period July 1, 2002 to April 30, 2005 employing event study methodology. In particular, we focus on the question whether corporate insiders exploit inside...