Showing 1 - 10 of 29
For as long as they have existed, stock markets have attracted fraudsters. "Napoleon Is Dead" is the fascinating tale of one of the earliest stock market scams; a tale of greed, deceit and the public humiliation of Admiral Cochrane, one of the greatest seamen of the nineteenth century. Early on...
Persistent link: https://www.econbiz.de/10009457871
Recent writings on globalization have tended to argue that such economic interconnectedness is, in one way or another, geographically delimited. Three competing views appear in the literature, regionalization, triadization and the involutionist perspective. This article challenges the portrayal...
Persistent link: https://www.econbiz.de/10009458597
Finite sample distributions of studentized inequality measures differ substantially from their asymptotic normal distribution in terms of location and skewness. We study these aspects formally by deriving the second-order expansion of the first and third cumulant of the studentized inequality...
Persistent link: https://www.econbiz.de/10009458643
For a simplified structural equation/IV regression model with one right-side endogenous variable, we derive the exact conditional distribution function of Moreira's (2003) conditional likelihood ratio (CLR) test statistic. This is used to obtain the critical value function needed to implement...
Persistent link: https://www.econbiz.de/10009458700
Since the 1990s the international community has become acutely aware of the role of businesses in the growth of corruption globally and the debilitating effects of corruption on economic growth and development. A multitude of strategies from regulation in the form of international legal...
Persistent link: https://www.econbiz.de/10009467274
Anti-corruption efforts over the past two decades have expanded to include a variety of measures ranging from international conventions (e.g. OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions 1997, UN Convention against Corruption, 2003) and...
Persistent link: https://www.econbiz.de/10009467275
Anti-corruption strategies over the past two decades have expanded to include a variety of measures ranging from international conventions and anti-corruption toolkits to business and NGO (Non Governmental Organisation) initiatives. While these strategies are undeniably essential in the fight...
Persistent link: https://www.econbiz.de/10009467338
This article discusses the limits of Italian immigration policies and their effects on the Italian market of highly skilled individuals. Highly skilled individuals are normally perceived as valuable resources that a country should foster and even, if possible, attract from other states (Meyer...
Persistent link: https://www.econbiz.de/10009483208
This paper focuses on the British company voluntary arrangement (CVA) which is a relatively new debtor rehabilitation process particularly intended to help financially troubled small firms resolve their difficulties. Based on a survey that is the largest and most comprehensive on the subject of...
Persistent link: https://www.econbiz.de/10009433469
The financial crash of 2007-8 is the latest and greatest of the crises resulting from the process of `financialisation’ of the past 30 years. The breakdown of the Bretton Woods system in the early 1970s unleashed a process of liberalisation and internationalisation of finance, and a shift away...
Persistent link: https://www.econbiz.de/10009433538