(OIG) to prod biotechnology manufacturers to strengthen self-regulation so as to efficiently monitor adherence to … event study methodology, show significant effect on shareholders' wealth of 10 large biotechnology firms around various OIG … biotechnology industry to review its marketing practices that might be questionable. We provide evidence that suggests that when a …

We study empirically how competition among high-frequency traders (HFTs) affects their trading behavior and market …-frequency competition, and contains an exogenous event - a tick size reform - which we use to disentangle the effects of the rising share of … high-frequency trading in the market from the effects of high-frequency competition. We find that when HFTs compete, their …

This paper investigates competitiveness in the Ukrainian stock market during local crisis of 2013–2015. The following … hypothesis is tested: crisis decreases competitiveness in the stock market. The analysis is carried out for the most liquid …

setting, competition may improve retailer profits and price synchronization may reduce retailer profits, both of which are …