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The attention for the governance of financial sector supervisors is of a recent date. The debate has risen to the fore … governance debate. We first discuss the main premise of the paper, that regulatory governance plays a pivotal role in instilling … financial sector governance, which in turn is a key source of corporate governance in the nonfinancial sector (the governance …
Persistent link: https://www.econbiz.de/10011704596
Persistent link: https://www.econbiz.de/10003639129
The present study assesses how governance affects information and communication technology at the global level … generalised method of moments. The following main findings are established. For the full sample, governance unconditionally … promotes ICT development while trade openness (industrial added value) moderate governance to promote (dampen) ICT development …
Persistent link: https://www.econbiz.de/10014312043
There was a systemic failure of financial regulation: senior policymakers repeatedly enacted and implemented policies that destabilised the global financial system. They maintained these policies even as they learned of the consequences of their policies during the decade before the crisis. The...
Persistent link: https://www.econbiz.de/10013094089
The attention for the governance of financial sector supervisors is of a recent date. The debate has risen to the fore … governance debate. We first discuss the main premise of the paper, that regulatory governance plays a pivotal role in instilling … financial sector governance, which in turn is a key source of corporate governance in the nonfinancial sector (the governance …
Persistent link: https://www.econbiz.de/10011689931
Private equity buyouts have become a common element in the industrial development process. I survey the literature on the real economic effect of buyouts: employment, wages, productivity, and long-run investments. Employment tend to marginally fall after a buyout in most countries studied, with...
Persistent link: https://www.econbiz.de/10010320213
Private equity buyouts have become a common element in the industrial development process. I survey the literature on the real economic effect of buyouts: employment, wages, productivity, and long-run investments. Employment tend to marginally fall after a buyout in most countries studied, with...
Persistent link: https://www.econbiz.de/10008654164
financial firms for the period 1996-2007, I document that the governance of financial firms is, on average, not obviously worse … than in nonfinancial firms. In fact, using simple governance scores and governance indices as measures, banks and nonbank … more independent than in other banks. My results suggest that measures of governance that have been the focus of recent …
Persistent link: https://www.econbiz.de/10013113850
This paper examines whether global insurance mergers and acquisitions (M&As) create value for shareholders by conducting an event study of M&A transactions for the period 1990-2006. Insurance acquirers realized small positive cumulative average abnormal returns (CAARs), whereas targets realized...
Persistent link: https://www.econbiz.de/10012937508
Persistent link: https://www.econbiz.de/10012967860