The globalization triggers macro-regionalization, which, in its turn, generates micro-regionalization - the EU being a good example of both. Second, in virtually all scenarios of geopolitical future the recurrent theme is regionalism, which comes in various "shapes and sizes." That is why maybe...

This paper examines the main determinants of the bid premium and tender success under mandatory bid rule, viewed as a corporate governance mechanism in blockholder regimes. We explore a comprehensive dataset covering all the takeover bids organized on the Romanian market for corporate control...

The spectacular failure of the 150-year old investment bank Lehman Brothers on September 15th, 2008 was a major turning point in the global financial crisis that broke out in the summer 2007. Through the use of stock market data and Credit Default Swap (CDS) spreads, this paper examines the...