Download or read book Protection of Investors in GCC Stock Markets written by and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Stock Market Developments in the Countries of the Gulf Cooperation Council written by Ahsan Mansur and published by Palgrave MacMillan. This book was released on 2008-10-31 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book provides an analysis of the structural strengths and weaknesses of the Gulf stock markets and the appropriateness of policies implemented. It examines the effect of the 2006 correction on financial stability and economic growth and explains the differences in performance of some regional markets. This research integrates for the first time under a homogenous methodology the systematic analysis of all stock markets in the Gulf, identifies common trends and causes for differential behaviour and constitutes a key contribution toward the understanding of the functioning of the Gulf stock exchanges by domestic and foreign investors."--BOOK JACKET.
Download or read book Regulating Competition in Stock Markets written by Lawrence R. Klein and published by John Wiley & Sons. This book was released on 2012-04-25 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to curbing monopoly power in stock markets Engaging and informative, Regulating Competition in Stock Markets skillfully analyzes the impact of the recent global financial crisis on health and happiness, and uses this opportunity to put regulatory systems in perspective. Happiness is lost because of emotional and physical health deterioration resulting from the crisis. Therefore, the authors conclude that financial crisis prevention should be the focus of public policy. This book is the most comprehensive study so far on potential risks to the stock market, especially various forms of market manipulation that lead to mania and eventual crisis. Based on litigation cases from international stock markets, and borrowing multidisciplinary findings in the fields of finance, economics, accounting, media studies, criminology, legal studies, psychology, and medicine, this book is the first to provide thorough micro-level regulatory proposals rooted in financial reality. By focusing on securities trading, they apply antitrust measures to limiting monopolistic power that is used for the manipulation of investors' perception and monopolistic profit. These proposals are quantifiable, adjustable, inexpensive, and can be easily implemented by any securities regulating agency for real-time oversight and daily operations. The recommendations found here are intended to improve the fairness and transparency of the financial markets, thereby perfecting the market competition, protecting investors, stabilizing the market, and preventing crises Explores how avoiding crises can to contribute to a more scientific, health aware, and civilized economic and social development Written by a team of authors who have extensive experience in this dynamic field, including Nobel Laureate Lawrence R. Klein Since the founding of the first, organized stock exchange in Amsterdam 400 years ago, no systematic economic research results on stock markets have been implemented in stock market regulation around the world. Regulating Competition in Stock Markets aims to fill this void.
Download or read book Enhancing Investor Protection and the Regulation of Securities Markets written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2009 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book US Economic Policy Uncertainty Spillover on the Stock Markets of the GCC Countries written by Khandokar Istiak and published by . This book was released on 2019 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Purpose: We investigate the nature and degree of US economic policy uncertainty spillover on the stock markets of a group of nonconventional economies like the GCC countries, where risk-sharing based financial system is prominent and foreign investment, risk-free interest, derivatives, etc. are not as widespread as in Western economies. Design/methodology/approach: We employ the monthly data of 1992-2018, linear and nonlinear structural VAR models, and an impulse response-based test to explore the nature and degree of US economic policy uncertainty spillover on the stock markets of the GCC countries.Findings: We find that an unexpected increase in the US economic policy uncertainty significantly decreases the stock market index of all the GCC countries. We also get this relationship symmetric meaning that the GCC stock market indices decrease and increase by the same amount when the US economic policy uncertainty increases and decreases, respectively. Originality/value: This research investigates the characteristics of economic policy uncertainty spillover from the biggest economy of the world to the stock markets of the GCC region, which is new to the literature. Our results provide the first evidence that a risk-sharing based financial system does not necessarily protect the stock market from US uncertainty shock. However, the abundance of local investors, risk-sharing investment activities, the absence of derivatives, etc. may be responsible for the symmetric behavior of a stock market.
Download or read book Raising Capital on Arab Equity Markets written by Lu’ayy Minwer Al-Rimawi and published by Kluwer Law International B.V.. This book was released on 2012-02-01 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first book of its kind discusses in particular the role of investor protection as regards disclosure when issuers are offering securities to the public, with full descriptions of the securities markets and stock exchanges in seventeen Arab jurisdictions. In two interrelated parts it examines both the regional macroeconomic matrix and a detailed case study (that of Jordan) in order to analyse the development and characteristics of an Arab regulatory model. Among the important issues and topics arising in the course of the analysis are the following: relevance of international regulatory standards to Arab securities markets; mandatory versus voluntary securities disclosure; the fundamentals of the Islamic financial system, role of riba and gharar, nature and impact of Shari’a’s unquantifiable juridical risks on the modus operandi of Arab securities markets; macroeconomic adjustment policies and structural adjustment programmes in several Arab countries; recent economic and Arab capital markets impact in the wake of the ‘Arab Spring’; extent of different countries’ reliance on Shari’a as a constitutional source; constitutional challenges to the imposition of interest; the need for the positive law to compel securities disclosure under Shari’a; shareholders’ remedies when suing for fraud or negligent misstatements; liability for misleading or inaccurate disclosure (under the general law of the UK and a selected Arab jurisdiction); prospectus liability under the statutory regime of the UK and an Arab regulatory regime; bars to rescission of contract: Comparative UK and Shari'a aspects; and Arab, UK regulatory agencies' enforcement, prosecutorial, administrative and civil remedies. The author closely examines various instruments deployed for conveying securities disclosure and dissemination of information, and looks extensively at relevant rulings as enunciated by an Arab court of cassation. He then constructs a model of an effective securities disclosure regime in order to provide better investor protection for shareholders under Shari’a. 'Among the strengths of Dr Lu’ayy Minwer Al-Rimawi’s book is the fact that at all times he adopts a comparative approach, not only as between different Arab systems, but also with an appreciation of the legal position in the UK and the European Union and elsewhere’ [The Hon. Mr Justice Sir William Blair Q.C., High Court Judge in the UK and Chairman of the Qatar Financial Centre Regulatory Tribunal]. As the first in-depth discussion of the regulation of Arab capital markets in English, with an eye to international standards and the policy issues involved – and with attention focused on the central question of how the law can properly protect investors – this book will commend itself to all those with an interest in securities markets in the Arab world.
Download or read book Assessing the Limitations of the Securities Investor Protection Act written by United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises and published by . This book was released on 2010 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Enhancing Investor Protection and the Regulation of Securities Markets Part II S Hrg 111 144 March 26 2009 111 1 Hearing written by and published by . This book was released on 2010 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Evaluation of Investor Protection in Secondary Securities Markets written by Sultan Alabdulkarim and published by . This book was released on 2012 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Enhancing Investor Protection and the Regulation of Securities Markets Part II written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2009 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Investor Protection and Corporate Governance written by Alberto Chong and published by A copublication of Stanford Economics and Finance. This book was released on 2007 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investor Protection in Latin America represents the largest data-gathering effort of firm-level corporate governance practices, ownership structures, and dividend policies. The results presented show that on top of country-wide legal protection of investors, there is a positive effect on valuation and performance of higher firm-level protections and better corporate governance practices. This evidence matches previous research in the area for other regions of the world.
Download or read book The Law of Investor Protection written by Jonathan Fisher and published by Sweet & Maxwell. This book was released on 2003 with total page 734 pages. Available in PDF, EPUB and Kindle. Book excerpt: This series enables practitioners to stay up to date with litigation and developments in the field of entertainment law. Emphasis is placed on the practical implications of relevant legislative developments and the effects of technology on artists, rights owners and collecting societies
Download or read book Investor Behavior and the IPO Effect in the GCC Stock Markets written by Raed Michel Farah and published by . This book was released on 2008 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: Empirical studies have covered the seasonal anomalies in stock market returns fr om an investor behavior point of view i.e. irrationality of investors creates th e January effect, the weekend effect, the turn-of-month effect, and the holiday effect. However, studies have not tackled investor behavior during IPO announcem ents. In the GCC stock market, investors have excess liquidity and are irrationa l in how much they invest upon hearing about an IPO announcement. This project s tudies investor behavior in the GCC stock market during IPOs by accounting for s tock market index returns and looking for anomalies during subscription periods. We do not find consistent evidence of seasonality even though individual (count ry) results show up in the analysis. In particular, we notice a pronounced effec t in cases like Saudi Arabia and Dubai, and a less obvious effect in cases like Oman and Bahrain. The effect is not noticed in Qatar and Kuwait. Furthermore, we notice a similar effect for the overall sample in the bubble and post-bubble pe riods but not in the pre-bubble period, which may be explained by the immaturity of the market during the pre-bubble period. We also notice that the market inde x kicks-off after the end of the subscription period and sustains its increase i n markets like Abu Dhabi, Oman, Qatar, Kuwait, and Saudi Arabia whereas in Dubai and Bahrain the market indices increase transiently only to reach a steady stat e later. Finally, we compare subscription period returns for the full period ver sus that for the first 5 days which are supposed to carry the bulk of the invest ments. We notice this trend in all GCC markets except in Saudi Arabia.
Download or read book Stock Markets in GCC Countries Risk and Volatility Analysis written by Ibrahim Onour and published by LAP Lambert Academic Publishing. This book was released on 2012 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: A number of events that have been occurring in the past few years highlight the importance of capital markets in Gulf Cooperation Council (GCC) countries. As GCC capital markets became increasingly open to foreign investors in the past few years, they become more vulnerable to shocks in international markets, and thus more volatile. Also, the increasing cointegration among GCC markets increased the spillover effect of regional shocks, which in turn contributed towards increasing volatility in these markets. It is also to be noted that due to lack of sound regulatory policy in some of these markets, hyping, dumping and rumours become the main driving forces behind the frequent changes in stock prices. In addition, as GCC economies depend largely on crude oil revenue, volatility in oil prices in the past few years fuelled extreme stock price changes. The book combines research papers related to these type of issues.
Download or read book Regulating Competition in Stock Markets written by and published by . This book was released on 2012 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to curbing monopoly power in stock markets Engaging and informative, Regulating Competition in Stock Markets skillfully analyzes the impact of the recent global financial crisis on health and happiness, and uses this opportunity to put regulatory systems in perspective. Happiness is lost because of emotional and physical health deterioration resulting from the crisis. Therefore, the authors conclude that financial crisis prevention should be the focus of public policy. This book is the most comprehensive study so far on potential risks to the stock market, especially various forms of m.
Download or read book Chinese and Global Financial Integration through Stock Connect written by Flora Huang and published by Bloomsbury Publishing. This book was released on 2023-10-19 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This significant and timely book explores a novel market mechanism, Stock Connect, which gives mutual market access to Chinese and international investors, and provides original analyses and fresh insights. This mechanism could become the new normal in future global financial integration. By examining this cross-border scheme from a regulatory perspective via a three-tiered analytical framework (investors, issuers and regulators), this book unearths the profound implications of Stock Connect to local and global financial markets and the legal impediments to its implementation. It covers a broad range of topics in this cross-boundary investment channel, including an overview of four existing connectivity arrangements (Shanghai-Hong Kong, Shenzhen-Hong Kong, Shanghai-London and China-Switzerland), the uniqueness of these connectivity arrangements, investor protection, regulations of connect issuers, regulatory cooperation and enforcement, the impacts on local and global financial markets, the implications for the world market connectivity as well as the challenges and future of Stock Connect. This pioneering study will appeal to a broad range of readers who are interested in the on-going reshaping of international financial systems and China's emerging influence in the international financial order.
Download or read book Investor Protection written by United States. Congress and published by Createspace Independent Publishing Platform. This book was released on 2017-12-15 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investor protection : the need to protect investors from the government : hearing before the Subcommittee on Capital Markets and Government Sponsored Enterprises of the Committee on Financial Services, U.S. House of Representatives, One Hundred Twelfth Congress, second session, June 7, 2012.
