2 Abstract Recent research on financial market development has focused on the nature of the legal system. The law and finance literature, however, exclusively focuses on the abuse of management power as a major cause of shareholder expropriation. We examine the role of the administrative capability of the state in providing and guaranteeing the institutional foundations for securities developme...

Ḥiyal (legal stratagems) means to meet a permissible end through legal but unconventional way. It has wide application in today’s Islamic finance versatile cutting-edge issues. The research objective of this study is explore and analyze the behavior tendency jurists financial law problem-solving procedure. applies content analysis method thirteen cases matters stratagems, purposively sampled fr...

Introduction. Strategic directions of Ukraine’s development require improvement the process formation and implementation state’s foreign policy, delineation priority vectors cooperation with international ?nancial partners, including IFIs. Problem Statement. The need to take into account challenges threats that arise in current realities application programs support a platform for institutions ...

The paper is devoted to the consideration of issues related unification financial law norms, which govern public relations on internal distribution and redistribution budgetary funds, into a single independent legal institution within its main sub-branch, namely budget law. system patterns inherent in structural elements became conceptual basis research. It established that norms regulating act...

In this review article, we explore several recent advances in the quantitative modeling of financial markets. We begin with the Efficient Markets Hypothesis and describe how this controversial idea has stimulated a number of new directions of research, some focusing on more elaborate mathematical models that are capable of rationalizing the empirical facts, others taking a completely different ...

With the creation of the World Trade Organization (“WTO”), an area of international law may have become more like law as we commonly perceive it. Yet it is not necessarily the neutral technocratic process some of its proponents make it to be. Whatever is one’s perspective on trade liberalization and its enforcement, developing countries and developing country constituents are at a disadvantage ...