Results 61 to 70 of about 227 (137)
ABSTRACT The January 24 Decisions of 1980 and the subsequent Özal era marked a profound rupture, carrying Türkiye from an import substitution economy to an outward‐oriented, “free‐market” order. Drawing on Michel Foucault's concept of neoliberal governmentality, this study conducts a qualitative, interpretivist discourse analysis of Turgut Özal's ...
Muhammed Salim Danış
wiley +1 more source
The Power of State Capitalism: Political Regime Shifts and Divergent Outcomes in SOE Performance
Abstract The extent to which governments should intervene in state‐owned enterprises (SOEs), and the consequences of such intervention for firm performance, remain subjects of ongoing scholarly debate. Building on competing perspectives that view the state as either a strategist or a liability, we argue that the effects of state intervention depend on ...
Adam Tatarynowicz +2 more
wiley +1 more source
Legal Weakness, Investment Risks, and Distressed Acquisitions: Evidence from Russian Regions. [PDF]
Iwasaki I, Adachi Y.
europepmc +1 more source
Design and pricing of private long‐term care insurance: An Australian analysis
Abstract Private long‐term care insurance (LTCI) is unavailable in many countries, including Australia, where individuals rely on government support and retirement savings for aged care. This study explores the design and pricing of private LTCI products covering out‐of‐pocket costs, using a model of chronic illness and disability in Australia.
Kyu Park, Michael Sherris
wiley +1 more source
Deleveraging and decapacity: A comparative analysis of corporate capital allocation based on asset reversibility. [PDF]
Jia S, Sang C, Su S, Xu J.
europepmc +1 more source
Contingent capital: A tale of two valuations
Abstract This study investigates the valuation gap between buyers and sellers of insurers' contingent capital, driven by asymmetric exposures to tax benefits, capital injections, and bankruptcy costs. We develop a novel Twin‐Tree Model with Jumps (TTMJ) that models the insurer's asset value dynamics by incorporating catastrophe risk, insolvency risk ...
Tian‐Shyr Dai +3 more
wiley +1 more source
Initiative for China to establish a dual model of mixed corporate governance on bankruptcy reorganization: An empirical analysis based on 93 listed companies. [PDF]
Yuxia S, Congyuan Y, Zhiya L, Yanting T.
europepmc +1 more source
AI Alignment Versus AI Ethical Treatment: 10 Challenges
ABSTRACT A morally acceptable course of AI development should avoid two dangers: creating unaligned AI systems that pose a threat to humanity and mistreating AI systems that merit moral consideration in their own right. This paper argues these two dangers interact and that if we create AI systems that merit moral consideration, simultaneously avoiding ...
Adam Bradley, Bradford Saad
wiley +1 more source
Contingent convertible bonds in financial networks. [PDF]
Calice G, Sala C, Tantari D.
europepmc +1 more source
ABSTRACT This article argues that if the aspiration is to enhance regulatory and governance responses to white‐collar and corporate crimes, consideration of the organization of these offending behaviors must be central to the scholarly, practice, and policy discussion.
Nicholas Lord, Michael Levi
wiley +1 more source

