This paper analyzes the economic rationale for board regulation in place and for introducing new regulation in the …

price. A new policy in China (Regulation No.18) forced politicians to resign as directors, providing an exogenous shock to … resigned after 2013. A regression discontinuity design reveals no immediate impact after the announcement of the regulation …

% leverage limit would lower the total demand (assets under management) for hedge funds by 10%. In particular, the regulation …

driven excessive risk taking. Political factors have included the uncritical commitment to self-regulation and the capacity … the degree to which banking regulation should depend exclusively upon the use of narrow (an inevitably imperfect … calls for more responsive forms of regulation, although little of this work has focussed much upon the banking and finance …

market regulation, and democratic steering of regulatory agencies, displacing the currently dominant notion of financial … market regulation as a purely technical, expert, ‘insider' discourse. If it is too much of a paradox for policy-makers and …

Financial regulation should be countercyclical, strengthening during speculative booms to contain excessive leverage … and loosening following crises so as to not limit credit extension in hard times. And yet, financial regulation in fact … choice perspective on financial regulation, i.e. rational choice ideas drawn from economics and applied to politics, but with …

I adopt a novel approach vis-à-vis systemic risk in the capital markets and securities regulation in the US in light of …

This paper analyzes the relation between CEOs monetary incentives, financial regulation and risk in banks. We present a … regulation. The empirical analysis suggests that the sensitivity of CEOs equity portfolios to stock prices and volatility has …