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While Regulation FD was designed to benefit investors by curbing the selective disclosure of material non …
Persistent link: https://www.econbiz.de/10013120245
regulation. Our analysis shows that FD may impose losses on public investors in three ways. First, they may lose because they may …
Persistent link: https://www.econbiz.de/10013146570
During the past forty years, the simultaneous, symbiotic growth of financial innovation, disintermediation and deregulation has created an environment with extremely complex, opaque investment instruments. That system has now collapsed. At the very center of the crisis are a small group of...
Persistent link: https://www.econbiz.de/10014209183
tightly regulated. Others warn that regulation could simply cause trading activity to cross borders into less …
Persistent link: https://www.econbiz.de/10012828501
This file contains additional analyses to support Feinstein & Werbach, "The Impact of Cryptocurrency Regulation on … Trading Markets," Journal of Financial Regulation (forthcoming) …
Persistent link: https://www.econbiz.de/10013233918
We examine whether stricter non-compliance sanctions on corporate governance regulations influence the investment decisions of foreign portfolio investors in emerging markets. To answer this question we use a natural experiment provided by a corporate governance regulatory reform introduced in...
Persistent link: https://www.econbiz.de/10012979333
: opening of an investigation by the AMF; issuance of a monetary sanction; publication of the information about sanction a … newspaper. The reputational impact issue raises the broader issue of understanding of financial regulation enforcement operates … in concreto. We find a strong negative impact of the announcement of sanction in press on the firms' stock prices. We …
Persistent link: https://www.econbiz.de/10013021629
named in a sanction report, as an offender, an acquitted, or a victim of others' financial misconduct conveys information to … after both the sanction decision, and its publication (respectively -0.9% and -1.1% from the day preceding the event until 3 … correction on the market, depending on the step of the procedure. Finally, companies named in a sanction report as victims of …
Persistent link: https://www.econbiz.de/10011845161
named in a sanction report, as an offender, an acquitted, or a victim of others' financial misconduct conveys information to … after both the sanction decision, and its publication (respectively -0.9% and -1.1% from the day preceding the event until 3 … correction on the market, depending on the step of the procedure. Finally, companies named in a sanction report as victims of …
Persistent link: https://www.econbiz.de/10012920863
market, the natural option would be to further harmonize EU payment service regulation, including the availability of a right …
Persistent link: https://www.econbiz.de/10012830252