New security designs, improvements in computer and telecommunications technology and advances in the theory of finance have led to revolutionary changes in the structure of financial markets and institutions. This paper provides a functional perspective on the dynamics of institutional change and uses a series of examples to illustrate the breadth and depth of institutional change that is likel...

Information technology (IT) professionals have countless opportunities to engage in inappropriate, negligent, and unethical behavior in the development and use of IT. This study explores how different levels of professionalism and Machiavellianism influence the ethical decision making (EDM) involving (IT) issues. Two-hundred and forty graduate students are surveyed using two vignettes depicting...

The equity premium, namely the expected return on the aggregate stock market less the government bill rate, is of central importance to the portfolio allocation of individuals, to the investment decisions of firms, and to model calibration and testing. This quantity is usually estimated from the sample average excess return. We propose an alternative estimator, based on maximum likelihood, that...

Cross-border private equity deals have increased substantially in recent years. This study looks at the issue of how European investors view their local counterparts in the portfolio companies’ home countries. If they regard them as rivals, they will target countries that lack a private equity industry. If they view them as (potential) partners, however, they will prefer investing in countries ...

Many acquisitions by private equity (PE) firms are conducted by “clubs,” where a number of PE firms join together to submit a single bid. We present a novel analysis of the economics of club bidding by private equity firms based on the notion that club formation may create value at the target firm by allowing the different dimensions of value creation of each individual PE firm to be aggregated...

The aim of this study is to examine the effect rights and bonus issue announcements on stock returns. analyzes companies included in BIST-30 BIST-50 indices between 2010 2022 that made capital increase while they were these indices. In total, 84 different 35 study. study, event method was used two windows created as (-10, +10) (-5, +5). At end analysis, it observed new equity affected revealed ...

This research examines the effect of economic policy uncertainty (EPU) indices on Pakistan's stock market volatility. Particularly, we examine impact index for Pakistan and bilateral global trading partner countries, US, China, UK. We employ GARCH-MIDAS model combination forecast approach to evaluate performance indices. The empirical findings show that US is a more powerful predictor In additi...

Documents Found On This Page: Employment Equity Report 2015-16 [1] Employment Equity Plan 2008-2012 for Women [2] Employment Equity Plan 2008-2012 for Racialized People Members of Visible Minorities [3] Employment Equity Plan 2008-2012 for Persons with Disabilities [4] Employment Equity Plan 2008-2012 for Aboriginal Peoples [5] Employment Equity Systems Review [6] Employment Equity Systems Revi...

Documents Found On This Page: Employment Equity Report 2015-16 [1] Employment Equity Plan 2008-2012 for Women [2] Employment Equity Plan 2008-2012 for Racialized People Members of Visible Minorities [3] Employment Equity Plan 2008-2012 for Persons with Disabilities [4] Employment Equity Plan 2008-2012 for Aboriginal Peoples [5] Employment Equity Systems Review [6] Employment Equity Systems Revi...

Documents Found On This Page: Employment Equity Report 2015-16 [1] Employment Equity Plan 2008-2012 for Women [2] Employment Equity Plan 2008-2012 for Racialized People Members of Visible Minorities [3] Employment Equity Plan 2008-2012 for Persons with Disabilities [4] Employment Equity Plan 2008-2012 for Aboriginal Peoples [5] Employment Equity Systems Review [6] Employment Equity Systems Revi...