In a global, interdependent and constantly changing environment, not only products and services are competing, but also business models. Corporate success is not longer supported by traditional bases, and companies must get engaged in a process of permanent renewal of its strategy and offer new...

In this paper we propose an empirical model that considers theoretical facts on the relationship between real exchange rates and the net exports of the economy to supplement the interaction of a number of financial and economic factors with the stock market. We discuss the impact of exchange...

Is there any interrelationship between firm level FDI in the form of cross border Mergers amp; Acquisitions and capital markets growth and quality? We addressed this question using panel data of cross border Mamp;A for nine emerging economies. Our study period goes from 1987 to 2006. We find...

In the past years we have attended to the diverse accounting and corporative government scandals leading to the collapse of the financial markets. Consequently the confidence of the minority shareholders has substantially diminished entailing to a loss of liquidity in the markets. In addition,...

The paper considers theoretical facts on the relationship between real exchange rates and the net exports of the economy to supplement the interaction of a number of financial and economic factors with the stock market. We discuss the impact of exchange rate fluctuations on market risk in terms...

This paper discusses the legal loopholes in financial markets and proposes changes aimed at providing efficient, transparent and symmetric information. The last years have witnessed several scandals concerning both accountancy and corporate governance matters which leads to the collapse of...

En el presente trabajo discutimos las lagunas regulativas existentes en los mercados financieros y proponemos cambios que han de garantizar una información simétrica, transparente y eficaz. En los últimos años hemos asistido tanto a diversos escándalos contables como de gobierno corporativo...

A vast number of studies addressed the environmental degradation and economic development but not financial development. Moreover, as argued by Stern [2004. The rise and fall of the environmental Kuznets curve. World Development 32, 1419-1439] they present important econometric weaknesses. Using...