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This paper presents a case study of the regulation and subsequent deregulation of the bulk liquid petroleum gas industry in Queensland. During the period of the regulated franchise system, prices paid by bulk liquid petroleum gas customers in southeast Queensland were higher than those paid by...
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This study extends the literature on the relationship between recent performance and the movement of managed funds' assets by investigating the effects of fund size and age. The results confirm a size effect, as well as an age effect. Tests distinguishing between the two favor a size rather than...
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In this paper we examine a database assembled from an Australian public register of 553 merger decisions taken between March 2004 and July 2008. Mergers may be accepted without public assessment, accepted in conjunction with publication of a Public Competition Assessment, or rejected. The public...
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This paper investigates the causal effect of firm-initiated compensation clawback provisions on the profitability of insider trading. We find that clawback provisions reduce the ability of insiders to generate profits from their trades, especially insider sales, based on their information...
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