Showing 1 - 10 of 626,163
A central thesis of "An Economist's Perspective of Fiduciary Monitoring of Investments" by Dr. Susan Mangiero is that …
Persistent link: https://www.econbiz.de/10014135429
Persistent link: https://www.econbiz.de/10010341714
ideal recommendation is vulnerable to the self-serving behavior of the agent. Regulation that decreases the agency costs to … maximize their own welfare within the boundaries of the regulatory rulebook. Applying a fiduciary standard to all financial …
Persistent link: https://www.econbiz.de/10013136442
using a corporate fiduciary and of appointing co-fiduciaries …
Persistent link: https://www.econbiz.de/10013050013
corporate governance and the role of regulation in encouraging institutional investors to become active stewards. I approach … activism be cured by regulation? The U.S. experience, in which substantial deregulation has led to only modest increases in …
Persistent link: https://www.econbiz.de/10013032144
This paper discusses problems of harmonisation and regulation of the European Internal Financial Market. The argument …
Persistent link: https://www.econbiz.de/10013132861
European Commission's Draft Proposal to amend the EU-Rating Regulation, could possibly be eliminated by procedural presumptions …
Persistent link: https://www.econbiz.de/10013088984
rethinking of regulatory approaches. But the regulation of payment services defies this narrative. Its technology and business … payments ecosystem sort into technology and business-model neutral categories, each subject to roughly equivalent regulation …, in service of roughly equivalent objectives. That neutrality makes existing payments regulation more durable in the face …
Persistent link: https://www.econbiz.de/10012894467
In contrast to financial arbitrage, which causes prices of economically equivalent transactions to converge in the direction of one price, regulatory arbitrage does not lead to such price convergence. In contrast, regulatory arbitrage tends to produce two different prices for economically...
Persistent link: https://www.econbiz.de/10012869811
Many regulators have concluded that cost-benefit analysis is the best available method for capturing the welfare effects of regulations. It is therefore understandable that in recent years, some people have been interested in requiring financial regulators to engage in careful cost-benefit...
Persistent link: https://www.econbiz.de/10013054943