This paper is aimed at highlighting how common law has evolved over the centuries, namely through the flexibility accorded to judicial precedents, as well as through the evolutionary nature evidenced in the processes and rules applied in statutory interpretation. In addition to illustrating how...

Even though the Efficient Markets Hypothesis (EMH) is also commonly referred to as the random walk theory (Clarke et al, 2001:1), there are several reasons why both can be distinguished. Amongst other objectives, this chapter will also aim to illustrate why the semi-strong and strong forms of...

Consolidating on a choice selection of chapters from its predecessor volume, “Designing Optimal Models of Financial Regulation in a Changing Financial Environment” – as well as conference presentations and recent global developments, this volume specifically addresses and recommends...

As well as incorporating and exploring the role of formal analytical methods as a means of highlighting and discovering foundational and fundamental strategy issues, such as the determinants/causes of performance differences between banking institutions and other corporate structures across...

The public disclosure requirements include:- a summary comparison table that provides a comparison of banks' total accounting assets amounts and leverage ratio exposures;- a common disclosure template, which as previously discussed, provides abreakdown of the main leverage ratio regulatory...

Do jurisdictions with concentrated ownership structures require less reliance on audits as corporate governance mechanisms and devices? Why do concentrated ownership structures still prevail in certain jurisdictions which are considered to be “market based corporate governance systems”? More...

A sufficient and appropriate degree of central bank independence is widely acknowledged to be necessary for the goal of achieving price stability. However, despite the levels of independence claimed to be enjoyed by several central banks, recent events indicate shifts in focus of monetary policy...

Where a negotiating party benefits out rightly, predominantly or significantly from a business, economic or trade negotiating outcome, several factors frequently attributed to this usually include: lack of vital economic data or information – or information asymmetries on the part of the...

This paper is aimed at highlighting Posner and Hayek's consensus on the importance of decentralization, as well as the significance of the incorporation of non-legal actors as tools for facilitating the efficient allocation of resources in common law. In addition to highlighting the consensus on...

This paper is aimed at providing an analysis of the recent updates which have taken place in respect of the Basel III Leverage Ratio and the Basel III Supplementary Leverage Ratio – both in relation to recent amendments introduced by the Basel Committee and proposals introduced in the United...