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.
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Showing 1 to 20 of 27 for “"Securities Market"”.
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Selective disclosure: the case of the Korean securities market
… with a goal of levelling the playing field among market participants, has created considerable debate among practitioners and academics. This thesis examines the effect of Regulation FD on the Korean securities market, using a large sample of 161,343 forecast-year observations and 2,311 firm-year …
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Four Essays Investigating the U.S. Subprime Mortgage-Backed Securities Market
The U.S. subprime mortgage-backed securities market has attracted intense attention during and after the widespread financial turmoil of 2007-2009. Most commentators have reached a consensus that an underestimation of the risks associated with these products led to problems for the entire financial …
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Determining the efficiency of the GNMA mortgage-backed securities market
… Mortgage Association (GNMA) mortgage-backed securities market. GNMA securities represent a $702 billion market. Despite this size, the securities do not trade on an organized exchange. Trading on an organized exchange implies that a maximum amount of available information is incorporated into …
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Rating agencies in the below investment grade commercial mortgage-backed securities market
… agencies play a critical role in the whole CMBS market. In an effort to investigate their influence in this market, we analyzed the business models, industry structure and rating methodologies of rating agencies. In addition, their functions in the capital markets and CMBS markets are discussed. …
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Regulating securities market abuse: a comparative legal study of United Kingdom and Kingdom of Saudi Arabia’s financial regulatory systems
Financial markets play a crucial role in the development of trade and investment across the world. They have also helped in shaping the economy of many countries through emerging resolve to diversify their economy by building financial markets that are attractive to both domestic and foreign …
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Corporate disclosure by listed companies in the People’s Republic of China and Australia: seeking an appropriate pathway for the regulation of the Chinese securities market
… in the area of economic law reform. As the securities industry is a key component of an increasingly corporatised market economy, it has been necessary to adopt an effective body of securities laws. Disclosure is the fundamental issue of securities laws as it exists in market transactions …
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Insider trading: Regulation, securities markets and welfare
… among others, are important characteristics of a securities market, they are not, or should not be, ends in themselves. From a normative point of view, the ultimate goal is to maximize the welfare of society. Therefore, the critical question about insider trading regulation (ITR) is: Does ITR make …
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O insider trading no direito penal econômico: a (des)necessidade do tratamento jurídico-penal outorgado ao uso indevido de informações privilegiadas no mercado de capitais
… Trading, as an instrument for manipulating the securities market. Going through a historical analysis of the evolution of the criminal type in question, it is sought to elucidate the reasons that made it necessary, first in the American context and later in Brazil, the fight against the misuse …
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Security market manipulations and the assurance of market integrity
… studies conducted for the relationship between market integrity and market efficiency and the driving forces behind the cross-sectional variations in market quality. Second, a better understanding the relationships among market integrity, market efficiency and other mechanism design factors for …
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The feasibility of establishing a secondary mortgage market in the Philippines
… of an effective secondary housing mortgage market in the Philippines. We will use secondary mortgage market models from the United States and other countries with well-established secondary mortgage institutions (SMIs) as a lens through which to analyze the readiness of the Philippine …
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FinTech mortgage lenders solving or exploiting a friction? evidence on risk layering and prepayment risk of conforming loans
… in the to-be-announced mortgage-backed-securities market since these loans are pooled together with low prepayment risk loans in the same contract.
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We know what the CMBS did last summer and why
… the financial crisis that engulfed the financial markets in the summer and fall of 1998. Little has been written about the effect of this crisis on the fledgling Commercial Mortgage-Backed Securities Market (CMBS). By comparing and contrasting the CMBS market with other comparative fixed-income …
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Corporate Social and Environmental Disclosure in Emerging Securities Markets: China as a Case Study
… has been increasing greatly in developed markets since 1990s. Accordingly, most of the relevant literature focuses on the development of CSE disclosure in developed markets; little attention has been paid to emerging markets. CSE disclosure in fact may have important implications for …
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The information content of interim financial reports: U.K. evidence
… therefore, is assumed to be part of the broad market information set that is utilised in establishing prices. The study is carried out in the context of a semi-strong form market efficiency since the announcement of interim earnings puts the information in the announcement in the public domain. …
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The significance of foreign exchange risk in the international real estate securities investment
… globalization trends in the real estate capital markets, the international real estate securities investment has been growing fast and gaining more popularity than the direct real estate investment because of its absence of the portfolio management and monitoring problems. Foreign exchange risk …
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Continuous Disclosure of Chinese Cross-border Listed Companies in Australia: Challenges and Proposals
… disclosure requirements of the Australian Securities Exchange (ASX) and have even been depicted as having poor corporate governance and transparency. Many get delisted from the ASX due to non-compliance in continuous disclosure or are rejected from listing because of continuous disclosure …
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Two Essays on the Unintended Consequences of Sarbanes-Oxley on Small Banks and Small Businesses
… of the higher perceived cost of public market membership and that a significant number of financial institutions elected to exit the public securities market. Turning to the impact on small businesses, while small banks had reduced capital accumulation post SOX on a scale similar to that …
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A Critical Analysis of Investor Protection under Saudi Stock Market Regulations
… process of economic expansion, the Saudi stock market has become the focus of increased attention. The legal framework that regulates the stock market is still considered to be underdeveloped, as only recently, in 2003, did the Saudi legislator issue a Capital Market Law (2003) and create a …
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Credit rating agencies: regulatory changes and market participants’ reactions
… funds between investors and borrowers in global securities markets. The regulatory void was in contrast to the heavy reliance on credit ratings by regulators in determining minimum capital adequacy requirements for banks and other depository institutions. CRAs and other information intermediaries …
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Corporate Governance, Firm Performance, and Information Leakage: an Empirical Analysis of the Chinese Stock Market
… and information leakage in the Chinese securities market. As one of the major emerging markets in the world, the results of this thesis are valuable not only to the Chinese market, but also to other emerging markets. To achieve this purpose, data is collected from most of the …
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