Showing 1 - 10 of 23
The efficient market hypothesis states that an efficient market immediately incorporates all available information into the price of the traded entity. It is well established that the stock market is not an efficient market as it consists of numerous traders with differing strategies and...
Persistent link: https://www.econbiz.de/10009437733
This paper examines the European Community’s regulatory regime for insurance with a view to current efforts to achieve a greater degree of market liberalisation on the global level. It draws on Peter Holmes’ and Alasdair Young’s argument that the EU has pioneered trade liberalisation in a...
Persistent link: https://www.econbiz.de/10009463693
This chapter asks why and how services that are not previously thought of as tradable have increasingly been opened up to international competition in EU member states including even in Germany. The chapter contrasts an explanation that focuses on the impact of economic interests with an...
Persistent link: https://www.econbiz.de/10009463700
[From the Introduction]. This paper reviews single market regulation, with particular reference to the financial sector and uses this as a foundation to consider the process whereby a European market is developing. Unlike much previous analysis which has emphasized the role of state interests...
Persistent link: https://www.econbiz.de/10009463725
spillover, whereby the integration of capital markets in the EU requires common financial reporting standards. The answer to the ….e. international) environment that shapes member states’ domestic politics. The globalization of capital markets as a result of the … international mobility of capital structures member state governments’ preferences vis-à-vis making IASB standards applicable …
Persistent link: https://www.econbiz.de/10009463770
In the last two years, the major jurisdictions for equity trading, the U.S. and the E.U., introduced significant reforms in their market structure regulation, following diametrically opposite approaches. While the E.U. effort is deregulatory and decentralized, aiming to facilitate competition...
Persistent link: https://www.econbiz.de/10009463812
The aim of this paper is to analyse the effects of the implementation of the Internal Market Programme and to propose ideas on how its potential can be better exploited. First, the paper offers a broader perspective to the analysis of the Internal Market by exploring its close links to the...
Persistent link: https://www.econbiz.de/10009463842
[From the Introduction]. This paper reviews single market regulation, with particular reference to the financial sector and uses this as a foundation to consider the process whereby a European market is developing. Unlike much previous analysis which has emphasized the role of state interests...
Persistent link: https://www.econbiz.de/10009463844
spillover, whereby the integration of capital markets in the EU requires common financial reporting standards. The answer to the ….e. international) environment that shapes member states’ domestic politics. The globalization of capital markets as a result of the … international mobility of capital structures member state governments’ preferences vis-à-vis making IASB standards applicable …
Persistent link: https://www.econbiz.de/10009463900
This chapter asks why and how services that are not previously thought of as tradable have increasingly been opened up to international competition in EU member states including even in Germany. The chapter contrasts an explanation that focuses on the impact of economic interests with an...
Persistent link: https://www.econbiz.de/10009463924