Results 71 to 80 of about 45,954 (255)
A Theory of the Boundaries of Banks With Implications for Financial Integration and Regulation
ABSTRACT We offer a theory of the “boundary of the firm” that is tailored to banks, recognizing the relevance of deposit financing and interbank lending as a substitute for integration. It is based on a single inefficiency that has been at the core of banking theory: risk‐shifting incentives in the interest of bank shareholders.
Falko Fecht +2 more
wiley +1 more source
Reforming The Governance Of Corporate Rescue: The Enterprise Act 2002 [PDF]
English corporate insolvency law has been reshaped by the Enterprise Act 2002. The Act was intended to ‘to facilitate company rescue and to produce better returns for creditors as a whole’.
John Armour, Rizwaan Jameel Mokal
core
Geopolitical Risk and Domestic Bank Deposits
ABSTRACT We investigate the relationship between global geopolitical risk and bank deposit flows across a wide panel of European countries. Motivated by the pivotal role of deposit stability for financial intermediation and systemic resilience, we explore whether geopolitical shocks alter depositors’ portfolio choices.
Dimitris Anastasiou +3 more
wiley +1 more source
INSOLVENCY IN THE CONTEXT OF THE PRESENT FINANCIAL CRISES – A COMPARATIVE ANALYSES [PDF]
This paper presents the current trends in the view of various national states and their on the application of collective insolvency proceedings, also called bankruptcy procedure in common language, by analysing their main pieces of legal regulation ...
Luminiţa Tuleaşcă
core
China's new corporate rescue laws: perspectives and principles [PDF]
This article considers the new corporate insolvency legislation that came into force in China in June 2007. This law is part of a remarkable transformation in the Chinese economy in recent years. Significant numbers of ailing state owned enterprises have
Parry, R, Zhang, H
core +1 more source
Bank IPOs and Regulations: Cross‐Country Evidence
ABSTRACT The present paper investigates the effect of banking industry regulations on bank initial public offering (IPO) underpricing. We approach this question from both a micro‐level and macro‐level regulatory perspective. First, we conduct our analysis within a micro framework, focusing on the effect of disclosure rules on IPO underpricing.
Maria‐Eleni K. Agoraki +2 more
wiley +1 more source
UNCITRAL Model Law on Cross-border insolvency: background, purpose and the scope of application
The present article is dedicated to UNCITRAL Model Law on cross-border insolvency, the basic stages of its preparation and scope of application. The provisions of Model Law, concerning coordination of parallel proceedings within the case of cross-border ...
N V Kalinina
doaj
Fiscal Opacity and Lack of Consensus in Expectations for External Sector Variables
ABSTRACT Fiscal transparency is essential for the expectations formation process, as governmental fiscal opacity often leads to forecast errors due to insufficient information. This study examines the relationship between fiscal unpredictability, particularly related to the primary budget, and the lack of consensus in expectations for external sector ...
Gabriel Caldas Montes +2 more
wiley +1 more source
Nachhaltigkeit im Insolvenzverfahrensrecht
ENGLISH: The present article links sustainability considerations with the Austrian insolvency proceedings according to the Insolvency Statute 2010. The study shows that the initiation of insolvency proceedings does not only affect the participating ...
Axel Reckenzaun
doaj
Reforma concursal y medidas introducidas por el legislador para conseguir un sistema eficiente
The new Spanish Insolvency Legislation, approved in 2003, has met a long-standing need in Spanish Patrimonial Law. The previous obsolete and indistinct regulation meant that our system was an inefficient one because, among other things, it did not even ...
Enrique Gadea Soler
doaj +1 more source

