Showing 1 - 10 of 509
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
The article employs a logistic regression model to predict defaults and optimize credit portfolios for enterprises receiving support, showcasing a rigorous methodological approach. It relies on empirical data to ensure the relevance of its findings and utilizes the Evidence-Based Policy Making...
Persistent link: https://www.econbiz.de/10015214298
This study aims to review major economic crises throughout the centuries, in order to see what valuable lessons can be learned from re-examining them. As the 20th century was marked by tremendous economic turmoils, that changed the world economy of today, we will focus on the Great Depression of...
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
This study examines the impact of e-government advancements on corporate tax planning activities. We define e-government as the readiness and capacity of national institutions to use information and communications technologies to deliver public services. Using over 82,000 worldwide firm-level...
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