This study analyzes the impact of the information environment (IE) and credit default swap (CDS) transaction costs on information transmission between the stock and CDS markets. Using the daily regression analysis on the Korean firm's stock and CDS data from 2004 to 2023, the results show that...

In this study, we investigate what drives the MAX effect in the South Korean stock market. We find that the MAX effect is significant only for overpriced stocks categorized by the composite mispricing index. Our results suggest that investors' demand for the lottery and the arbitrage risk effect...

Introduction : the changing nature of labor, management, and government interactions / Harry C. Katz -- The Irish experiment in social partnership / Paul Teague and James Donaghey -- The Netherlands : resilience in structure, revolution in substance / Hans Slomp -- Collective bargaining and...