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It is possible to say that no matter how the Efficient Market Hypothesis has been criticized and/or overhauled, a degree of the relevant data proliferation is crucial to the investor’s decision making...
Do multidivisional firms structure compensation contracts for division managers to mitigate incentive problems in their internal capital markets? I find evidence that compensation and investment incen...
This paper examines the impact of local tax rates and capital market conditions on the level and composition of borrowing by foreign affiliates of American multinational corporations. The evidence ind...
The SEC and Capital Markets in the 21st Century:Evolving Accounting Infrastructure for Today's World.
We exploit an exogenous shock to corporate ownership structures created by a recent tax reform in Germany to explore the link between corporate governance and internal capital markets. We find that fi...
We examine the importance of professional relationships developed between analysts and managers by investigating analyst coverage decisions in the context of CEO and CFO moves between publicly listed ...
Multinational Firms, FDI Flows and Imperfect Capital Markets.
The IASB staff have prepared the following case study as additional information for the income tax discussions that will be held at today’s CMAC meeting. The case study is intended to provide the ...
In developing proposals for the IASB, technical staff will normally consult with the IASB’s advisory bodies, which includes the Capital Markets Advisory Committee. As part of this consultation, th...
This paper analyses the agricultural and rural capital factor markets in the three European Union (EU) candidate countries: Turkey, Croatia and the Former Yugoslav Republic (FYR) of Macedonia. Agricul...
Accessing capital in public equity markets is a tricky business. Here are a few do's and don'ts when planning an initial public offering.
Presents an exchange of opinion between the two economists on theories expounded by one of them in his literary work "The Crisis of Global Capitalism," on the financial economics in the U.S. Suggestio...
In this article, the author comments on the performance of the equity markets in New York. The author mentions that the sector experienced extraordinary returns in the third quarter of 2009, but it is...
Presents a speech by Donald B. Marron, chairman, president and CEO of PaineWebber Group Inc., delivered at the Town Hall of California in Los Angeles, California on April 30, 1987. Globalization of th...
Discusses the financial issues related to the railroad industry in the U.S. Aspects of the country's uncompetitive transportation cost; Factors affecting the financing available to the industry; Need ...

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