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This paper examines the relationship between the quality of banking supervision and governance of the supervisory agency. The analysis is based on indices constructed from the assessment of the Basel Core Principles for Effective Banking Supervision that measure the quality of banking...
Persistent link: https://www.econbiz.de/10014210725
New security designs, improvements in computer telecommunications technology and advances in the theory of finance have led to revolutionary changes in the structure of financial markets and institutions. This paper provides a functional perspective on the dynamics of institutional change and...
Persistent link: https://www.econbiz.de/10012473791
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Taxation and Regulation Policies for the Financial Sector -- 2 New Bank Taxes: Why and What Will Be the Effects? -- 3 Taxes … or VAT? -- 9 Assessing the Macroeconomic Impact of Financial Transaction Taxes -- 10 Financial Activities Taxes, Bank … Levies, and Systemic Risk -- Part III: Evidence on the Efficacy of Taxation and Regulation -- 11 Taxation, Bank Leverage, and …
Persistent link: https://www.econbiz.de/10012682543
We analyze the effect of mandatory financial transparency on corporate tax avoidance. Capital Requirements Directive IV by the European Commission required multinational banks to publish key financial and tax data in the form of public Country-by-Country Reporting. We examine tax avoidance of...
Persistent link: https://www.econbiz.de/10012853394
-of-payments, view. They show that what appears to be a global shrinkage of bank positions is actually driven by European banks. These … dataset of banks' affiliates (branches and subsidiaries), we demonstrate that the who (i.e., bank nationality) accounts for … more of the peak-to-trough shrinkage in foreign claims than does the where (i.e., locational factors). We relate bank …
Persistent link: https://www.econbiz.de/10012890515
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Chapter 1. Determinants of Financial Inclusion: The Case of 125 Countries from 2004 to 2017 -- Chapter 2. Corporate Governance: Achieving Good Corporate Governance in order to Deal with the Contagion Effects of Financial Crisis -- Chapter 3. Education Matters for the Bottom of the Pyramid in...
Persistent link: https://www.econbiz.de/10012398947
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Despite an emerging international consensus on principles of AI governance, lawmakers have so far failed to translate those principles into regulations in the financial sector. Perhaps, in order to remain competitive in the global race for AI supremacy without being typecast as stifling...
Persistent link: https://www.econbiz.de/10012833907