The stock market dynamics in March was affected by several developments, such as a decrease in oil futures prices and the crisis situation in Cyprus. From the beginning of the month the growth was replaced by a reverse trend. The dynamics of stock market indices has led to a decrease in...

Using rich and accurate data from Oslo Stock Exchange firms, we find that corporate governance matters for economic performance, insider ownership matters the most, outside ownership concentration destroys market value, direct ownership seems superior to indirect, and that performance decreases...

Using a data base which is exceptionally rich and accurate by international standards, this paper quantifies a wide range of ownership structure characteristics for all Oslo Stock Exchange firms in the period 1989-1997. Overall, we find that their ownership structures differ remarkably from...

A literature review demonstrates credible evidence linking higher firm-specific stock return volatility to a more efficient stock market on one hand; and to higher firm-specific fundamentals volatility on the other. These results are reconciled if (1) market efficiency is interpreted as...

This study evaluates the impact of financial reforms on the corporate financing decisions of 23 Indian industries for the period 1989-2005. We argue that the impact will be industry-specific because the regulatory and financial framework in which industries operate differs across industries....

Islamic finance is based on ethical principles in line with Islamic religious law. Despite its low share of the global financial market, Islamic finance has been one of this sector's fastest growing components over the last decades and has gained further momentum in the wake of the financial...

The timeliness of financial reporting has been an important topic in the accounting literature for decades. There is a tradeoff between the timeliness of reporting and the value of the information being reported. Prior to the advent of the internet, reporting had to be done using print media....

After rated as "excellent firms" which in 2010 showed good profitability and a solid financial balance, this essay aims to explore the possibility that a rating model already focused on bankruptcy prediction may also be a valuable tool for the selection of firms that after three years could turn...

In this paper, the impact of media tones from traditional and Internet media on future stock price crash risk is studied. It is found that traditional media tones show little impact on future crash risk, while optimistic (pessimistic) tones from the Internet are positively (negatively)...

The (experimental) use of DLT is growing, also in the financial sector. DLT systems themselves advocate the fact that they use (consensus) algorithms and cryptography to create a leaderless system (horizontal). How is it possible to ensure that decisions in these DLT systems are in the interest...