Showing 41 - 50 of 165
The deregulation process in the EU electricity sector triggered strategic decisions that led to industry restructuring. This paper presents preliminary evidence of the impact of this process on investors, using event studies and estimation techniques such as least squares and GARCH. Our findings...
Persistent link: https://www.econbiz.de/10013058185
This study computes measures of the degree of independence in practice of telecommunications regulators for Latin American and Caribbean countries in a new data set for 23 countries between 1990 and 2004. We focus on the degree to which governments are able to commit to preserve regulator...
Persistent link: https://www.econbiz.de/10013058406
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-2009 financial crisis regulation -- Making the guardians of finance work for us …
Persistent link: https://www.econbiz.de/10009521159
Regulation Matters -- Some Final Introductory Remarks -- Road Map -- Chapter 2. Regulating Finance Is Hard to Do -- Introduction … -- Shareholders versus Debt Holders: The Essence of Regulatory Complexity -- Three Approaches to Financial Regulation -- Adam Smith … and James Madison on Making the Guardians Work for Us -- Innovation and Financial Regulation -- International Financial …
Persistent link: https://www.econbiz.de/10012683476
The past few years have seen a growing trend towards the focus on audit liability. In the UK, the Company Law Reform Bill which became the Companies Act 2006, has removed the previously existing limits on auditor liability and compelled an agreement between the company and the auditor. As well...
Persistent link: https://www.econbiz.de/10005835429
regulation. It will approach these issues through an assessment of explanations put forward to justify the growing importance of … concluding section of this paper, reveal whether the systemic relevance of hedge funds and prime brokerage regulation need to be … reviewed. Questions also addressed during the consultation process, which include whether indirect prudential regulation is …
Persistent link: https://www.econbiz.de/10005836588
This paper traces developments from the inception of the 1988 Basel Capital Accord to its present form (Basel II). In highlighting the flaws of the 1988 Accord, an evaluation is made of the Basel Committee’s efforts to address such weaknesses through Basel II. Whilst considerable progress has...
Persistent link: https://www.econbiz.de/10005837336
This paper evaluates the main measures that have been used to regulate the interconnection prices in the telecommunication sector. We show that many of the regulations that are applying the vast majority of countries have very little theoretical support, and we identify the restrictions that...
Persistent link: https://www.econbiz.de/10005418944