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This chapter examines the trend towards regionalism upon stock market returns for a sample of Asian countries. We find that stock markets are becoming regionally integrated at a faster rate than globally. This finding reflects the growing co-operation between Asian countries. This study focuses...
Persistent link: https://www.econbiz.de/10015389654
This essay explores the relationship between neo-liberal transformation in Central and Eastern Europe (CEE) and globalization in the region. It starts with an overview of the increasing level of globalization activities in the CEE countries. The first section of this essay also shows remarkable...
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The passage of the Nigerian petroleum industry Act was accomplished 20 years after the conception of the law. On one hand, it aims to drive investment into the petroleum industry, owing to the power it seeks to afford oil companies to determine oil price at the downstream sector through...
Persistent link: https://www.econbiz.de/10013289918
Exploiting interstate branching deregulations as exogenous shocks to banking market competition, we examine the impact of increased market competition on shareholder voting in the U.S. banking industry. Voting is one of the primary mechanisms through which shareholders participate in corporate...
Persistent link: https://www.econbiz.de/10013290061
This paper examines competition among commercial banks following deregulation in a small open economy. I jointly estimate a system of differentiated product demand and pricing equations, and use conduct parameters to identify market structure. The empirical results show that the banking sector...
Persistent link: https://www.econbiz.de/10013292153