This article investigates the process of policy preference formation in global financial governance by examining the changing nature of supervision in the banking industry. The article argues that transparency and market-based supervision are now an integral and formal part of the supervision...

Since the Mexican crisis in 1994/95, a large number of developing countries and emerging markets have been hit by financial crises. Argentina is the last country that is suffering from dramatic economic problems. The main cause of these crises are the deregulation and liberalisation of financial...

Following the Asia crisis of 1997-98, policymakers invested a great deal of energy in designing a new international financial architecture. However many of the policy proposals which have emerged from think tanks and the multilateral agencies have proven unworkable or politically unpalatable....

This thesis addresses the question as to why employees participate (or not) in their company's Sharesave scheme. A model of the factors which influence participation is developed based on the financial participation literature and pilot study interviews with a selection of company Sharesave...

The present work studies the application of two group discriminant analysis in the field of credit scoring. The view here given provides a completely different approach to how this problem is usually targeted. Credit scoring is widely used among financial institutions and is performed in a...

We consider the stock performance of America's 100 Best Corporate Citizens following the annual survey by Business Ethics. We examine both possible short-term announcement effects around the time of the survey's publication, and whether longer-term returns are higher for firms that are listed as...

This study explores the relationship between corporate social performance (CSP) and corporate financial performance (CFP) within the context of a specific component of CSP: corporate charitable giving. A model of the determinants of the extent of corporate charitable giving is estimated and used...

The major determinant of the performance of financial markets is the nature of the information available, both in terms of the overall quality of the information held by investors, and the distribution of information amongst investors. The nature of this issue makes it difficult to model...

The U.K. capital market has observed a remarkable growth in the use of lease financing as a tool of financial management. It must be recognised, however, that its profitable use by Industry is dependent upon an easily applicable and theoretically acceptable method of evaluation within corporate...

This thesis presents a number of examples where macroeconometric models are employed as useful tools for evaluation of contemporary policy problems. A range of approaches is proposed to shed light on how macromodels can actually contribute to the policy debate. In particular, the thesis...