In this paper we develop the case for the creation of a single financial supervisory and regulatory authority for the Russian Federation. This case is based on three criteria: (a) it enables economies of scope to be exploite (b) it ensures regulatory parity (c) it satisfies prudential logic.

This paper investigates the abnormal share return dispersion occurring when companies announce their interim or final earnings. Whereas, prior research has focused on abnormal returns, little attention has been given to investigating the dispersion of the abnormal returns. We find strong...

The first part of this paper considers the cognition of individuals ans groups of individuals in the context of organisational project risk analysis and management, and attempts to characterise a set of models of cognition which may be of value as conceptual tools for risk analysts and managers....