Showing 1 - 10 of 10,471
In August 2007 the United Kingdom experienced its first bank run in over 140 years. Although Northern Rock was not a particularly large bank (it was at the time ranked 7th in terms of assets) it was nevertheless a significant retail bank and a substantial mortgage lender. In fact, ten years...
Persistent link: https://www.econbiz.de/10011689937
In August 2007 the United Kingdom experienced its first bank run in over 140 years. Although Northern Rock was not a particularly large bank (it was at the time ranked 7th in terms of assets) it was nevertheless a significant retail bank and a substantial mortgage lender. In fact, ten years...
Persistent link: https://www.econbiz.de/10011705347
own interpretation of the lessons to be learned. In particular, they focus on six key issues: (i) deposit insurance, (ii … from the three failures focus on the design of deposit insurance, the need for an institutional architecture that reduces … in line with the contribution of Eisenbeis and Kaufman, she stresses the problems linked to deposit insurance …
Persistent link: https://www.econbiz.de/10004982519
We examine the political dynamics which led to the codification of the Principles and Standards for sound compensation practices at financial institutions at international (G 20) level and to their subsequent implementation on both sides of the Atlantic. We show that the regulation of bankers'...
Persistent link: https://www.econbiz.de/10013091649
This paper examines how different types of interactions with U.S. markets by non-U.S. firms are associated with higher level of CEO pay, greater emphasis on incentive-based compensation, and smaller pay gap with U.S. firms. Using a sample of CEOs of U.K. firms and using both broad...
Persistent link: https://www.econbiz.de/10013089872
The objective of this article is to compare the United States and British systems of business organisation and corporate governance during the last 50 years. Of particular interest is the contrasting relationship between governance systems and the pursuit of diversification and refocusing...
Persistent link: https://www.econbiz.de/10014188700
At the beginning of the 1990s UK accounting standards were described as a ‘laughing stock’. By the millennium they were widely acclaimed and in some respects world-leading. This paper explores some of the key technical advances in this period, and the political processes employed to secure...
Persistent link: https://www.econbiz.de/10014348913
Persistent link: https://www.econbiz.de/10003855324
Persistent link: https://www.econbiz.de/10009267081
problem with hidden saving. We show that in this environment agents typically achieve more insurance than that obtained under …
Persistent link: https://www.econbiz.de/10012760291