This paper documents significant trading by insiders around a first-time debt covenant violation disclosure in an SEC filing and is interesting from a research and regulatory standpoint because of three considerations - delay and relative infrequency of new covenant violation disclosures lack of...

Professor Glenn Boyle presented The Regulatory Cost of Capital II: What is the Market Risk Premium? at the half-day Regulatory Cost of Capital II: What is the Market Risk Premium? seminar.

Professor Tim Hazledine presented Flying High? Pricing and Competition in the NZ and Tasman Air Travel Market at an ISCR seminar on 1 June 2005.

Current Comment is an occasional series providing economic commentary on topical issues.

The business of Internet Service Providers (ISPs) requires labour computers and (typically leased) bandwidth. All these elements are generally competitively available both within countries and internationally. The fact that there are few physical or human capital inputs that are specific to ISP...

Lew Evans presented this seminar on 3 September to ISCR Members and a delegation of 30 Presidents and Directors of cooperatives of the Brazilian State of Parana drawn mainly from the agricultural and credit sectors including: Coamo - the largest agricultural cooperative of South America. With 41...

Lewis Evans presented Using Regulation to Resolve Investment and Pricing Issues in Transmission in Wellington in April 2006.

Whatever the statutory differences or language differences in Guidelines between Canada and the US the application of competition rules and procedures is remarkably similar in the two countries. Recent adjustments to the role of efficiencies in merger analysis in the two countries reveal a...

When New Zealand's railway system was privatised in 1993 it was as one entity thus avoiding any issues arising from the 'separation of wheel and rail'. Yet this approach failed in time in that in 2003 the New Zealand Government had to come in and purchase the track in order to bail out the...

Bronwyn Howell's presentation at the University of Missouri St Louis USA on 28 September 2011.