Terms and Essays -- Deposit Insurance Schemes -- Gramm-Leach-Bliley Act: Creating a New Bank for a New Millennium -- Pre-funded Coupon and Zero-Coupon Bonds: Cost of Capital Analysis -- Intertemporal Risk and Currency Risk -- Credit Derivatives -- Foreign exchange risk premium and policy...

1 Introduction -- Part I Imperfect Competition -- 2 Imperfect Competition and the Marginal Principle -- 3 The Problem of Duopoly -- 4 Oxford Studies in the Price Mechanism -- Part II Keynes -- 5 The Cambridge ‘Circus’ -- 6 Some Aspects of the Development of Keynes’s Thought -- 7 ‘The...

This study investigates the relationship between tax expense surprise and expected equity returns in emerging markets. Using a broad sample of equities from 27 emerging countries, we find a strong positive link between tax expense surprise and the cross-sectional expected stock returns....

Global liquidity as a new trend in international capital flows -- Destination of Global Liquidity before the Global Financial Crisis: Role of Foreign Bank Presence and the EU Effect -- Global Liquidity and Reallocation of Domestic Credit -- Global Financial Crisis and Demand for the US Dollar as...

This paper is concerned with tax-planning strategies of multinational corporations. A theoretical analysis discusses the choice of the capital structure in a setting where intercompany loans can be used to shift profits to low-tax countries. Empirical evidence is provided using micro-level panel...

Global business : competitiveness and sustainability -- International marketing -- International finance -- International accounting -- International taxation -- International staffing and labor issues -- Managing global operations and technology -- Global business cases -- Glossary -- Index --...