Showing 1 - 10 of 15
We report evidence that the presence of hidden liquidity is associated with greater liquidity in the order books, greater trading volume, and smaller price impact. Limit and market order submission behavior changes when hidden liquidity is present consistent with at least some traders being able...
Persistent link: https://www.econbiz.de/10010303675
transparency relating to effective risk transfer, risk-related management compensation, and credible measurement of rating …
Persistent link: https://www.econbiz.de/10010303677
We consider a multi-period rational expectations model in which risk-averse investors differ in their information on past transaction prices (the ticker). Some investors (insiders) observe prices in real-time whereas other investors (outsiders) observe prices with a delay. As prices are...
Persistent link: https://www.econbiz.de/10010303742
' unease when disseminating news to the markets and argues against the recent trend of demanding full transparency both for …
Persistent link: https://www.econbiz.de/10010311978
For some time now the buzzword 'transparency' has been bandied about in the media almost daily. For example, calls were … made for greater transparency in the financial system in connection with developments in the Asian financial markets. But … the call for greater transparency goes far beyond the financial markets. It is now regarded as a necessary part of good …
Persistent link: https://www.econbiz.de/10010317392
to promote greater local benefit capture. Practitioners and academics have noted, however, that transparency alone does …
Persistent link: https://www.econbiz.de/10011654043
The paper reviews the debate about transparency in extractive industry commodities trade. It examines the obstacles to … improved transparency. A critical review of the experience with estimating losses from a lack of transparency concludes that … important transparency and responsible sourcing initiatives are reviewed. The initiatives appear to have had some positive …
Persistent link: https://www.econbiz.de/10012424159
look at three aspects of governance and their components: transparency, security, and infrastructure. We examine which of … these have the potential to alter firm compliance behaviour. We find that enterprises' perceptions of transparency are key …
Persistent link: https://www.econbiz.de/10012705325
('hand-me-down assets') is reducing transparency on emissions and emissionsreducing investments. Measuring emissions using …
Persistent link: https://www.econbiz.de/10014322618
supply chains that lack transparency and may indicate junctures where illicit activities are taking place, resulting in a …
Persistent link: https://www.econbiz.de/10014477557