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The paper aims at empirically investigating the relationship between regulation and the capital structure of the …
Persistent link: https://www.econbiz.de/10010629387
This paper describes the privatization program in Italy during the 1990s and puts that policy in the context of macroeconomic adjustment, general market deregulation, and promotion of private investment in the provision of public infrastructure. The wave of state divestitures reached Italy later...
Persistent link: https://www.econbiz.de/10011507688
In the past decade, the World Bank has promoted improving business environments as a key strategy for development, which has led to a significant amount of investment in collecting firm-level investment climate surveys across countries. What lessons have emerged from the papers using these new...
Persistent link: https://www.econbiz.de/10013141019
We introduce new studies that argue in favour of: (i) according a central role to governance and regulation as … potential determinants of innovation; and (ii) analysing the effects of governance and regulation on innovation in conjunction … Greenwich in September 2011 and will be published as an edited book titled Governance, Regulation and Innovation: Theory and …
Persistent link: https://www.econbiz.de/10013087388
This paper investigates the market reaction to recent legislative and regulatory actions pertaining to corporate governance. The managerial power view of governance suggests that executive pay, the existing process of proxy access, and various governance provisions (e.g., staggered boards and...
Persistent link: https://www.econbiz.de/10013038670
Using novel data, we develop a similarity score which compares the regulatory exposure of each two companies, for example if they lobby against similar rules. Regulatory similarity transcends industrial, geographic, and product market boundaries, but responds to exogenous regulatory shocks....
Persistent link: https://www.econbiz.de/10013242573
This essay, based on the author's presentation last September to the annual meeting of the North American Securities Administration Association (NASAA), addresses several issues related to Rule 506, the most widely-used of the SEC's transactional exemptions from federal registration of...
Persistent link: https://www.econbiz.de/10013149128
This paper describes the privatization program in Italy during the 1990s and puts that policy in the context of macroeconomic adjustment, general market deregulation, and promotion of private investment in the provision of public infrastructure. The wave of state divestitures reached Italy later...
Persistent link: https://www.econbiz.de/10013319993
We introduce new studies that argue in favour of: (i) according a central role to governance and regulation as … potential determinants of innovation; and (ii) analysing the effects of governance and regulation on innovation in conjunction … Greenwich in September 2011 and will be published as an edited book titled Governance, Regulation and Innovation: Theory and …
Persistent link: https://www.econbiz.de/10011114084
The paper aims at empirically investigating the relationship between regulation and the capital structure of the …
Persistent link: https://www.econbiz.de/10010265976