Purpose – The purpose of this study is to explore whether the present measures being taken by the New Zealand (NZ) government are strengthening its non-banking sector effectively to address the recent financial crisis and ensure better financial stability to the economy....

Purpose: The purpose of this paper is to study whether mergers and acquisitions (M&As) create value in Indian and Chinese markets. Design/methodology/approach: The authors study abnormal returns (AR) created by the acquiring firms in Indian and Chinese markets relating to M&A announcements,...

Purpose – The paper aims to evaluate the role played by a recent banking and macro-prudential regime in addressing the financial crisis in New Zealand (NZ). Design/methodology/approach – The basic methodology used in this paper is the “documentary research method”. For this study data...

Purpose – In the aftermath of the global financial crisis (GFC) governments lost confidence in market fundamentalism and realised the inadequacies of regulatory measures. The purpose of this paper is to outline the proximate causes of the financial crisis of 2007‐2009 and to investigate the...

Purpose The purpose of this paper is, first, to show how certain bank capitalists in an Asian country (AC) make credit decisions and what methods they use to justify their irrational investment decisions, and second, to investigate why they make such unproductive investment decisions....

Purpose – This paper examines, primarily from an investment perspective, the private returns an individual may gain from extended study towards a chartered accounting (CA) qualification in New Zealand. The present study is based on 2009 New Zealand Institute of Chartered Accountants...

We examine bond covenants of 29 New Zealand bond issues prior to the 2008 securities market act. Results from the study indicate that protection provided for bondholders is weak and limited. On average, only 2-3 types of covenants are embedded with the issues and only 27% of these covenants...