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Since the growth of the art market into a capitalized global art industry, public and academic discourse on art … auctions has been dominated by record prices. Despite the financial potential of art auctions as well as the public and … academic interest in art, understanding of auction prices is limited. Price intransparency is exacerbated by contrasting …
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argued that the common practice of giving stock options to employees can be a factor behind financial crashes. The aim of the …
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Commercial banks are among the oldest and most familiar financial institutions. When they work well, we hardly notice … crises come from and why certain banking systems are more resistant to crises than others, how governments and financial …, where it is headed, and how its development will affect global economic growth. …
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They conducted a global study of the long-term issuer ratings of nonfinancial firms from Standard and Poor's Ratings …-selection bias and some key financial ratios, they found that unsolicited firms, on average, seem to have lower long-term issuer …
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risk information in the global economy. The paper examines the current state of the financial risk framework, notes its …This paper presents a policy proposal for building a new framework for gathering, measuring and disclosing financial … place. The proposed open-source financial risk model separates the dual function that internal risk models perform within …
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