Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 20 of 34 for “"Investor Protection"”.
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Investor protection and the costs of public policy failure
Competitive markets respond automatically to change. Corrective forces are delivered by the pricing mechanism, where price changes indicate new allocations in the consumption of economic resources. Those market participants that are unable to respond adequately to change fail, resulting in a …
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A Critical Analysis of Investor Protection under Saudi Stock Market Regulations
… helped to stimulate the economy by attracting investor. However, the Saudi stock market experienced a big crash in February 2006, which had a profound impact in heavy losses for large and small investors. The practical application of these new laws brought to light some shortcomings in the …
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The effects of International Equity Cross-Listing on Investor Protection and Firm Value
… international equity cross-listing on domestic investor protection, and firm value. First, in Chapter 3, I examine the effects of listing in the U.S. on the level o f domestic investor protection for non-U.S. firms. Others have examined whether non- U.S. firms can ‘completely’ bond to the U.S. …
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New Directions For Mutual Fund Governance In Canada: Investor Protection From Excessive Fees and Expenses
Canadian investors pay among the highest expenses and advisory fees worldwide. There is currently no mechanism in the existing Canadian mutual fund governance regime to protect investors against excessive advisory fees. Recent changes to the Canadian securities regulatory framework were …
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The impact of sub-optimal international portfolio allocations on cost of capital, stock market development and investor protection standards
… and outflows. The aim is to attract foreign investors and also to allow domestic investors to diversify internationally. However, existing literature shows that local investors overweight the domestic market (home bias), whilst foreign investors under or overweight foreign markets (foreign …
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The Regulation and Governance of Mutual Funds in the UK in the Quest for Investor Protection: Lessons for Middle Eastern Countries
… in Middle Eastern countries in order to enhance investors’ protection. Enhancing the mutual funds regulations generally and investors protection particularly would accelerate the development of the mutual funds industry in those countries. The first chapter of the thesis is an introduction. The …
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The regulation of the private equity fund in South Africa
… a lack of transparency and disclosure to investors. Investor protection in leading jurisdictions ranges from voluntary self-regulation, to minimal regulatory measures and an exhaustive regulatory approach. These approaches have, however, proven limited with regard to both application and …
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Money market funds in the US and the EU: a legal and comparative analysis
… how to make money market funds more resilient to investors’ runs and systemic shocks. The solutions that are currently discussed propose to eliminate the essential bank-like feature of money market funds – their ability to transact at a stable share price – and thereby reduce their attractiveness …
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Analyzing Earnings Management for Cross-listed Firms and Interaction between Two Futures Exchanges
<p>The first essay examines the impact of investor protection, market monitoring, and liquidity on the firm-level and country-level earnings management using a sample of 432 firms from 34 countries cross-listed in the U.S. The major findings are as follows: First, cross-listed firms from countries …
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The regulatory impact of MiFID II and MIFIR on European capital markets : the process of “MiFIDisation” or over-regulation?
… Union’s capital markets and establish common investor protection standards across Europe to ensure that customers understand the risks and costs associated to the products and services they are buying or being recommended to buy. MiFID II and MiFIR, as shall be seen, are part of the …
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Accounting Quality under IFRS: The Effect of Country-Specific Factors
… is less pronounced in countries with strong investor protection, strict enforcement, and large capital markets, and that managing earnings upward utilizing real actions is greater in such countries. Further, the results show that firms engage in both types of earnings management at the same …
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A critical analysis of the risks associated with crypto-currencies
… a legal analysis of the key issues, namely investor protection (or lack thereof) and the use and classification of crypto-currencies. The work analyses domestic and European legislation to explore the protections currently afforded and classification of crypto-currencies under the current …
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International Evidence on Product Market Competition and Firm Value
… liquidation risk, stronger country-level investor protection mechanisms, and higher firm-level transparency. These findings are consistent with an agency cost benefit resulting from product market competition.
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Intermediated securities holding infrastructure an avant - garde system jeopardised by the usual suspects
… that deserve continuous scrutiny in terms of investor protection such as the infrastructure complexity, lack of system transparency, asymmetric advantage of intermediaries, risky proliferation of the asset reuse chain and complex investor protection regimes to name a few. We argue that these …
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Comparing bank mergers in Europe and the USA: bidding bank performance
… are consistent with the view that the level of investor protection enjoyed by target bank shareholders partly explains why mergers attract different market reactions across countries. Evidence is proffered that shows an inverse relationship between the level of investor protection prevalent in …
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Voluntary corporate governance disclosure, firm valuation and dividend payout: evidence from Hong Kong listed firms
… Kong, a market which provides a strong legal investor protection but characterized by a high insider ownership, on company valuation, as proxied by Tobin’s q. This thesis also examines the role of dividend payout on the CG of Hong Kong firms. Based on hand-collected data for a sample of 258 …
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Reshaping the Chinese Stock Market to Accommodate Red-chips: Practice, Balance and Consequence
… has to go hand-in-hand with effective protection of investors, the suppliers of capital. Therefore, ‘how did China seek to reshape the stock market to accommodate privately-controlled red-chips while protecting investors?’ is a key underlying concern across the package of China’s recent …
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Essays on trade and capital flows in developing countries
… - contract enforcement, property rights, investor protection, and the like - have received a great deal of attention in recent years. I propose a simple model of international trade in which institutional differences are modeled within the Grossman-Hart-Moore framework of contract …
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The regulation of crypto-assets in South Africa with particular regard to crypto-asset market manipulation
… one of the dishonest means used by unscrupulous investors to make unjustified profits. It is conduct which unlawfully interferes with the normal operations of the markets in order to create false appearances with respect to the trading activity or the price of a financial asset. Market abuse is …
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