Showing 11 - 20 of 130,461
In this paper, we model - quantitatively – a possible realistic interaction between a tax-payer and his Government. We … there is no reason (convenience), for the tax-payer, to evade the taxes or to declare less than his real income. Moreover … distinguished tax-payer (big companies and so on). …
Persistent link: https://www.econbiz.de/10011259328
In this paper, we model - quantitatively – a possible realistic interaction between a taxpayer and his Government. We formalize, in a general setting, this strategic interaction. Moreover, we analyze completely a particular realistic sample of the general model. We determine the entire payoff...
Persistent link: https://www.econbiz.de/10010698861
Whether proprietary traders provide or take liquidity, and how their behavior evolves over the business cycle and across stocks, remains at the center of an ongoing debate. Using a unique dataset from the NYSE, we document that proprietary traders concentrate their trades in large and liquid...
Persistent link: https://www.econbiz.de/10012419705
We investigate whether saving Wall Street through the Troubled Assets Relief Program (TARP) really saved Main Street during the recent financial crisis. Our difference-in-difference analysis suggests that TARP statistically and economically significantly increased net job creation and net hiring...
Persistent link: https://www.econbiz.de/10013006410
with lockdowns. A drop in demand as well as supply disruptions affected the economy which also hit European banks with … available to the banks for the preparation of their half-year reports. As ESMA considers Covid-19 a significant event under IAS … which banks fulfilled the disclosure expectations communicated by the relevant professional institutions. For this purpose …
Persistent link: https://www.econbiz.de/10012795250
. Besides the integration of ESG and CSR into the banks’ operations, it can serve and be utilized as risk management tools. This … disclosure quality in European banks from 2017-2019. After an overview of the EU’s path towards a sustainable financial sector …-category CSR disclosure index to “translate” and quantify disclosed CSR information in the banks’ annual filings, a positive …
Persistent link: https://www.econbiz.de/10012438988
that are driven by out of equilibrium behavior, such as clustered volatility and fat tails. We argue that traditional … banks …
Persistent link: https://www.econbiz.de/10011906282
Banks are crucial enablers of financial and economic development. They have an immense corporate social responsibility … (CSR) towards society. Bank´s CSR activities are considered increasingly vital for their own success and sustainable growth … Directive was required to be adopted by banks and other companies for financial year 2017. This study analyses the quality of …
Persistent link: https://www.econbiz.de/10012161187
banks, a financial transactions tax contributes to financial distress and undoes other policy measures that are used to …This paper studies the impact of a financial transactions tax on a financial market where financial institutions trade …. There are two main results: First, if all banks have enough liquidity so that they can honor their short-term obligations, a …
Persistent link: https://www.econbiz.de/10013104166
The French Securities Transaction Tax (also referred as French Tobin Tax) implementation on August 1st, 2012, is … drawbacks and applicability of a Securities Transaction Tax (STT) has not reached a conclusion and consequences for market … participants beside the transaction tax. Most alerting, as the tax affects trading on all French listing venues, we find this …
Persistent link: https://www.econbiz.de/10013085653