The legislative, normative legal acts adopted during martial law, which regulate the filling of budgets and using financial resources, are analyzed. It is established that in September 2022, compared to March, deficit consolidated state increased several times. analysis sources structure revenues directions local spending for nine months 2022 by areas, including study budget programs, showed mo...

The article discusses how the emergence of a policy financial stability in international and European economic law has an impact on private relations, leading itself to become instrument stability. result is intersection regulation whereby addresses consumer protection top-down bottom-up. incorporation goal nonetheless creates tensions law, since latter aims at further objectives, occasionally ...

Recipient firms but also comparable peer exhibit a sizeable negative capital market reaction to United Kingdom's regulatory enforcement actions. This result is invariant the identification of as belonging same industry classification or having propensity scores attract sanction. Indiscriminate contagion, however, ruled out. As per expectation, actions which pierce ‘corporate veil’, that is, tar...

Economics can be distinguished from other social sciences by the belief that most (all?) behavior can be explained by assuming that rational agents with stable, well-de ned preferences interact in markets that (eventually) clear. An empirical result quali es as an anomaly if it is dif cult to rationalize or if implausible assumptions are necessary to explain it within the paradigm. Suggestions ...

This paper describes an experimental study for discovering underlying laws of market capitalization using BS (Balance Sheet) items. For this purpose, we apply law discovery methods based on neural networks: RF5 (Rule Finder) discovers a single numeric law from data containing only numeric values, RF6 discovers a set of nominally conditioned polynomials from data containing both nominal and nume...

Using the mandatory adoption of International Financial Reporting Standards (IFRS) as an exogenous improvement to mandatory financial reporting, we document evidence supporting a complementary effect between mandatory and voluntary disclosures. We find that firms in countries that adopted IFRS in 2005 experience an increase in both the likelihood and frequency of management earnings forecasts r...