This essay aims at highlighting the linkage between current international banking regulation (namely, that produced by the Basel Committee on Banking Supervision) and economic activity, which is proxied by the S&P500 stock market index. It is revealed that the amount of regulatory documents...

We examine the roles of regional trade agreements (RTAs) not only in regionalization processes but also in the globalization process. Results confirm that a country can noticeably increase directional trade, particularly exports, through diplomatic relations as well as through membership

The recent financial crisis has brought on customary demands to reform and to rework governance regimes so that the next crisis will not be as intense or long-lived. To craft effective governance of any economic activity requires an effective yet flexible regulatory regime; to craft an effective...

Over the four decades since the Four Modernizations program began in 1978, China has matured from a capital-starved, mono-bank-centric financial system to a capital-rich system with great variety of financial intermediation. This chapter plays off the double meaning of its title: first, it...

Purpose: Much of the criticism directed toward banking in China revolves around self-dealing in relationships between bankers and their clients. Corruption, nepotism, high levels of non-performing loans and the inefficiency of government-directed lending have all been laid at the door of...

Purpose: This chapter discusses the influence of the United Nations Ten Principles [UNGC] on multinational mining companies' (mining MNE) corporate social responsibility (CSR) activities and strategies.Design/methodology/approach: Business ethics, mining management, CSR, stakeholder and social...

Why are there many club goods, and club good market structures, in investment finance? Why has there been such a proliferation of these types of goods and transaction structures in modern finance? The answers lie in the motivations and methods of financial firms to segment, package and offset...

Advantages of speaking English as a native speaker have been discussed and debated widely. English has developed into a global lingua franca in business, culture, education and diplomacy. English “demand” includes institutional demands and individual demands for language to achieve better...