Economic Effects of Transparency in International Equity Markets

Economic Effects of Transparency in International Equity Markets PDF Author: Mark Lang
Publisher: Now Publishers Inc
ISBN: 1601984480
Category : Business & Economics
Languages : en
Pages : 79

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Book Description
This monograph reviews the existing accounting, finance and economics literature on the economic effects of transparency in international equity markets, considers aspects of an international setting that make it an interesting environment for investigating these effects, and suggests directions for future research

Economic Effects of Transparency in International Equity Markets

Economic Effects of Transparency in International Equity Markets PDF Author: Mark Lang
Publisher: Now Publishers Inc
ISBN: 1601984480
Category : Business & Economics
Languages : en
Pages : 79

Get Book Here

Book Description
This monograph reviews the existing accounting, finance and economics literature on the economic effects of transparency in international equity markets, considers aspects of an international setting that make it an interesting environment for investigating these effects, and suggests directions for future research

Economic Effects of Transparency in International Equity Markets

Economic Effects of Transparency in International Equity Markets PDF Author: Mark H. Lang
Publisher:
ISBN:
Category :
Languages : en
Pages : 78

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Book Description
In this paper we discuss the existing accounting literature on the real effects of financial reporting transparency in international equity markets, present aspects of an international setting that make it a fruitful environment for investigating these effects and suggest directions for future research.

Economic Effects of Transparency in International Equity Markets

Economic Effects of Transparency in International Equity Markets PDF Author: Mark Harold Lang
Publisher:
ISBN: 9781601984494
Category : Economics
Languages : en
Pages : 69

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Book Description
Economic Effects of Transparency in International Equity Markets reviews the existing accounting, finance and economics literatures on the economic effects of transparency in international equity markets, considers aspects of an international setting that make it an interesting environment for investigating these effects, and suggests directions for future research. The authors focus on the availability of firm-specific financial information to equity stakeholders and the effects of the quantity and quality of that information on own-firm equity value. Drawing from the FASB/IASB conceptual framework, this monograph defines high quality financial information as information that both faithfully represents the substance of an underlying phenomenon and can be understood by users of that information. Economic Effects of Transparency in International Equity Markets focuses on an international context to investigate the effects of transparency because overall levels of transparency tend to be low, there is substantial cross-country institutional and regulatory variation and managers and regulators in these environments face significant tradeoffs in determining optimal transparency levels. Although this variation can sometimes complicate the researcher's effort to make inferences across different institutional environments, the authors highlight how these differences can be exploited to identify potential disclosure and informational effects that may be too subtle to detect in more homogenous, single-country, settings and to understand the interactions between transparency and other aspects of the firm's economic environment.

Transparency in Government Operations

Transparency in Government Operations PDF Author: Mr.J. D. Craig
Publisher: International Monetary Fund
ISBN: 155775697X
Category : Business & Economics
Languages : en
Pages : 50

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Book Description
Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fiscal rectitude. Notably, the Interim Committee, at its April and September 1996 meetings, stressed the need for greater fiscal transparency. Prompted by these concerns, this paper represents a first attempt to address many of the aspects of transparency in government operations. It provides an overview of major issues in fiscal transparency and examines the IMF's role in promoting transparency in government operations.

International Capital Flows

International Capital Flows PDF Author: Martin Feldstein
Publisher: University of Chicago Press
ISBN: 0226241807
Category : Business & Economics
Languages : en
Pages : 500

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Book Description
Recent changes in technology, along with the opening up of many regions previously closed to investment, have led to explosive growth in the international movement of capital. Flows from foreign direct investment and debt and equity financing can bring countries substantial gains by augmenting local savings and by improving technology and incentives. Investing companies acquire market access, lower cost inputs, and opportunities for profitable introductions of production methods in the countries where they invest. But, as was underscored recently by the economic and financial crises in several Asian countries, capital flows can also bring risks. Although there is no simple explanation of the currency crisis in Asia, it is clear that fixed exchange rates and chronic deficits increased the likelihood of a breakdown. Similarly, during the 1970s, the United States and other industrial countries loaned OPEC surpluses to borrowers in Latin America. But when the U.S. Federal Reserve raised interest rates to control soaring inflation, the result was a widespread debt moratorium in Latin America as many countries throughout the region struggled to pay the high interest on their foreign loans. International Capital Flows contains recent work by eminent scholars and practitioners on the experience of capital flows to Latin America, Asia, and eastern Europe. These papers discuss the role of banks, equity markets, and foreign direct investment in international capital flows, and the risks that investors and others face with these transactions. By focusing on capital flows' productivity and determinants, and the policy issues they raise, this collection is a valuable resource for economists, policymakers, and financial market participants.

The world price of earnings opacity

The world price of earnings opacity PDF Author: Uptal Bhattacharya
Publisher:
ISBN: 9789616430258
Category :
Languages : en
Pages : 27

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Book Description


Dictionary of Finance and Investment Terms

Dictionary of Finance and Investment Terms PDF Author: John Downes
Publisher: Simon and Schuster
ISBN: 1438065264
Category : Business & Economics
Languages : en
Pages : 1247

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Book Description
Publisher's Note: Products purchased from third-party sellers are not guaranteed by the publisher for quality, authenticity, or access to any online entitles included with the product.

Economics of Sovereign Wealth Funds

Economics of Sovereign Wealth Funds PDF Author: Mr.Udaibir S. Das
Publisher: International Monetary Fund
ISBN: 1589069277
Category : Business & Economics
Languages : en
Pages : 330

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Book Description
The book covers a wide range of topics of relevance to policymakers in countries that have sovereign wealth funds (SWFs) and those that receive SWF investments. Renowned experts in the field have contributed chapters. The book is organized around four themes: (1) the role and macrofinancial linkages of SWFs, (2) institutional factors, (3) investment approaches and financial markets, and (4) the postcrisis outlook. The book also discusses the challenges facing sovereign wealth funds in the coming years, from an inside perspective on countries, including Canada, Chile, China, Norway, Russia, and New Zealand. Economics of Sovereign Wealth Funds will contribute to a further understanding of the nature, strategies and behavior of SWFs and the environment in which they operate, as their importance is likely to grow in the coming years.

OECD Sovereign Borrowing Outlook 2021

OECD Sovereign Borrowing Outlook 2021 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264852395
Category :
Languages : en
Pages : 94

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Book Description
This edition of the OECD Sovereign Borrowing Outlook reviews developments in response to the COVID-19 pandemic for government borrowing needs, funding conditions and funding strategies in the OECD area.

Doctors and Their Workshops

Doctors and Their Workshops PDF Author: Mark V. Pauly
Publisher: University of Chicago Press
ISBN: 0226650464
Category : Medical
Languages : en
Pages : 143

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Book Description
Doctors are obviously influential in determining the costs of their services. But even more important, many believe, is the influence physicians have over the use and cost of nonphysician health-care resources and services. Doctors and Their Workshops is the first comprehensive attempt to use economic analysis to understand some of the physician effects on nonphysician aspects of health care.