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This paper argues that strong capital market governance is essential for Bangladesh's economic growth by fostering trust, transparency, and investor confidence. It outlines key elements like clear disclosure, fair market conduct, and investor protection. While Bangladesh has made progress with...
Persistent link: https://www.econbiz.de/10015213731
This study investigates the unexplored nexus between rhetorical nationalism and corporate tax avoidance. Analyzing Chinese firms from 2010 to 2022, it shows that companies with pronounced nationalistic rhetoric are significantly more prone to engage in tax avoidance. This finding highlights the...
Persistent link: https://www.econbiz.de/10015213837
This paper re-examines the impact of the EU Market Abuse Directive (MAD) on the market reaction around share repurchase announcements. We use a unique hand-collected dataset of firms listed on the Athens Stock Exchange, and we find evidence that contrasts with previous conclusions for large...
Persistent link: https://www.econbiz.de/10015213935
receiving support, showcasing a rigorous methodological approach. It relies on empirical data to ensure the relevance of its …
Persistent link: https://www.econbiz.de/10015214298
of today, we will focus on the Great Depression of 1929 and the Oil Crisis of 1973, comparing them also with the 21st … century global crisis of 2008. Through a lens of historic and periodic analysis, content analysis, and comparative analysis … amplifying the impact of economic events. Policymakers' responses and reforms after each crisis are examined, highlighting the …
Persistent link: https://www.econbiz.de/10015214336
We examine if the day-of-the-week effect is present in Bitcoin return series. The model specification in use accounts for conditional heteroscedasticity, which is captured in the form of a stochastic volatility process that allows for periodic time-varying parameters. We find periodicity in...
Persistent link: https://www.econbiz.de/10015214375
Recent antitrust regulations in several countries have granted exemptions for col- lusion aimed at achieving environmental goals. Firms can apply for exemptions if collusion helps to develop or to implement costly clean technology, particularly in sec- tors like renewable energy, where capital...
Persistent link: https://www.econbiz.de/10015214414
public services. Using over 82,000 worldwide firm-level data from 10,936 unique firms in 56 countries over the period 2008 …
Persistent link: https://www.econbiz.de/10015214480
This article describes how the institutional set-up of central bank tasls policies differs across Europe and discusses central bank involvement. In some jurisdictions (like Austria) the central bank continues to focus on its core monetary tasks, whereas in other jurisdictions (like the...
Persistent link: https://www.econbiz.de/10015215083
The use of equity derivatives to conceal economic ownership of shares (“hidden ownership”) is increasingly drawing attention from the financial community, as is the exercise of voting power without corresponding economic interest (“empty voting”). Market participants and commentators...
Persistent link: https://www.econbiz.de/10015215295