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invited to the board of the combined firm in connected M&As. While connections have a clear impact on the takeover strategy … and process, we do not find evidence that the market acknowledges connections between bidders and targets as the …
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better chance to be invited to the board of the combined firm in connected M&As. While connections have a clear impact on the … takeover strategy and process, we do not find evidence that the market acknowledges connections between bidders and targets as …
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, complex regulatory and policy issues are emerging. Inadequate frameworks in FinTech markets create regulatory friction and … Member States being left behind in the FinTech innovation race if the regulatory landscape is cumbersome or incomplete for …-border FinTech trade in the EU. This article critically engages with the manner in which the regulatory sandbox has rapidly gained …
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The European Commission published its new Digital Finance Strategy on 24 September 2020. One of the centrepieces of the Strategy is the draft Regulation on Markets in Crypto-Assets (MiCA), designed to provide a comprehensive regulatory framework for digital assets in the EU.With MiCA the EU...
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richer communication. There are equilibria in which a player lies. The flow of information is related with network centrality …Imperfect private monitoring in an infinitely repeated discounted Prisoner's Dilemma played on a communication network …'s history throughout the network. The delay in receiving this information requires the players to be more patient to sustain the …
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