Download or read book Regulatory Instruments and Their Effects on Investment Behavior written by Phil Burns and published by World Bank Publications. This book was released on 2004 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regulatory Instruments and Their Effects on Investment Behavior written by Philip Burns and published by . This book was released on 2016 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulatory instruments have long been understood to have a powerful effect on investment, and part of the motivation for introducing higher-powered regulatory regimes and contracts was to reduce incentives for inefficiency and over-investment (gold plating) inherent in cost-plus regulatory schemes. In practice, the mix of incentives and the institutional framework that make up a higher-powered regulatory regime can also lead to unintended distortions on investment behavior. In this paper Burns and Riechmann examine the key drivers of investment behavior and provide some examples of how these drivers have affected investment in practice. They conclude with a set of key areas and interrelationships that are at the core of a regulatory settlement, and therefore need to be designed appropriately to drive efficient investment behavior.This paper - a product of the Finance and Private Sector Development Division, World Bank Institute - is part of a larger effort in the institute to promote good practice in infrastructure regulation.
Download or read book Regulatory Instruments and Their Effects on Investment Behavior written by Phil Burns and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulatory instruments have long been understood to have a powerful effect on investment, and part of the motivation for introducing higher-powered regulatory regimes and contracts was to reduce incentives for inefficiency and over-investment (gold plating) inherent in cost-plus regulatory schemes. In practice, the mix of incentives and the institutional framework that make up a higher-powered regulatory regime can also lead to unintended distortions on investment behavior. The authors examine the key drivers of investment behavior and provide some examples of how these drivers have affected investment in practice. They conclude with a set of key areas and interrelationships that are at the core of a regulatory settlement, and therefore need to be designed appropriately to drive efficient investment behavior.
Download or read book Investment Capital theory and investment behavior written by Dale Weldeau Jorgenson and published by MIT Press. This book was released on 1996 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: V.1 Capital theory and investment behavior -- V.2 Tax policy and the cost of capital.
Download or read book A Study On Investment Behaviour Of Banking Professionals In Chennai written by Dr. K v ramanathandr. K s Meenakshisundaram and published by Archers & Elevators Publishing House. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Best Practice Principles for Regulatory Policy The Governance of Regulators written by OECD and published by OECD Publishing. This book was released on 2014-07-29 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication provides guidance on the institutional arrangements for regulators.
Download or read book New Perspectives on Investment in Infrastructures written by G. J. M. Arts and published by Amsterdam University Press. This book was released on 2008 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this bundle analyse the effects on long-term investment in different infrastructures and from different perspectives and disciplines.
Download or read book Global Investment Competitiveness Report 2019 2020 written by World Bank Group and published by World Bank Publications. This book was released on 2020-07-06 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Investment Competitiveness Report 2019-2020 provides novel analytical insights, empirical evidence, and actionable recommendations for governments seeking to enhance investor confidence in times of uncertainty. The report's findings and policy recommendations are organized around "3 ICs" - they provide guidance to governments on how to increase investments' contributions to their country's development, enhance investor confidence, and foster their economies' investment competitiveness. The report presents results of a new survey of more than 2,400 business executives representing FDI in 10 large developing countries: Brazil, China, India, Indonesia, Malaysia, Mexico, Nigeria, Thailand, Turkey, and Vietnam. The results show that over half of surveyed foreign businesses have already been adversely affected by policy uncertainty, experiencing a decrease in employment, firm productivity, or investment. Foreign investors report that supporting political environments, stable macroeconomic conditions, and conducive regulatory regimes are their top three investment decision factors. Moreover, the report's new global database of regulatory risk shows that predictability and transparency increase investor confidence and FDI flows. The report also assesses the impact of FD! on poverty, inequality, employment, and firm performance using evidence from various countries. It shows that FDI in developing countries yields benefits to their firms and citizens-including more and better-paid jobs-but governments need to be vigilant about possible adverse consequences on income distribution. The report is organized in S chapters: Chapter 1 presents the results of the foreign investor survey. Chapter 2 explores the differential performance and development impact of greenfield FDI, local firms acquired by multinational corporations {i.e. brownfield FDI), and domestically-owned firms using evidence from six countries. Chapter 3 assesses the impact of FDI on poverty, inequality, employment and wages, using case study evidence from Ethiopia, Turkey and Vietnam. Chapter 4 presents a new framework to measure FDI regulatory risk that is linked to specific legal and regulatory measures. Chapter S focuses on factors for increasing the effectiveness of investment promotion agencies.
Download or read book Experimental Studies on Partnership Dissolution R D Investment and Gift Giving written by Nadja Trhal and published by Springer. This book was released on 2019-03-21 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, traditional economic theory has been enriched by behavioral components. There is huge and rapidly growing evidence from empirical and experimental studies that mere profit maximization is in many cases not a good proxy of real-life decision-making and interaction in economic situations. Yet, although the concept of homo oeconomicus has subsequently been dismissed by many authors, behavior is not random or arbitrary, but follows systematic patterns and rules that researchers in the field of behavioral economics aim at understanding. This thesis adds to the understanding of actual economic decision-making by analyzing behavior in three different economic applications. The first application concerns experimental studies on the performance of partnership dissolution mechanisms. The second application studies the effects of policy instruments on a firm`s incentives to invest in R&D. Finally, the third application tests the impact of responsibility for being in a disadvantageous situation through deliberate risk-taking on solidarity behavior of economic agents. Potential readership includes scholars of experimental economics in the fields of mechanism design, industrial organization and social preferences as well as interested students and practitioners involved in these areas.
Download or read book Reforming Corporate Retail Investor Protection written by Diane Bugeja and published by Bloomsbury Publishing. This book was released on 2019-12-12 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: The spate of mis-selling episodes that have plagued the financial services industries in recent years has caused widespread detriment to investors. Notwithstanding numerous regulatory interventions, curtailing the incidence of poor investment advice remains a challenge for regulators, particularly because these measures are taken in a 'fire-fighting' fashion without adequate consideration being given to the root causes of mis-selling. Against this backdrop, this book focuses on the sale of complex investment products to corporate retail investors by drawing upon the widespread mis-selling of interest rate hedging products (IRHP) in the UK and beyond. It brings to the fore the relatively understudied field concerning the different degrees of investor protection mechanisms applicable to individual retail investors – as opposed to corporate retail investors – by taking stock of past regulatory reforms and forthcoming regulatory initiatives as well as, more importantly, the conclusions reached by the judiciary in IRHP mis-selling claims. The conclusions are particularly interesting: corporate retail investors are in a vulnerable position when compared to individual retail investors. The former are exposed to a heightened risk of mis-selling, meaning that regulatory intervention should be targeted accordingly. The recommendations made as a result of these findings are further supported by insights emerging from behavioural law and economic theories. This book is aimed at researchers, lawyers and students with an interest in the financial regulation field who are keen to explore potential regulatory reforms to the investment services regime that address the root causes of mis-selling, and restore a level playing field amongst all retail investors.
Download or read book Telecommunications Regulatory Reform in Small Island Developing States written by Siope Vakataki ‘Ofa and published by Cambridge Scholars Publishing. This book was released on 2011-11-15 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book adopts an approach of ‘mixed-method research’ with an in-depth qualitative comparative case study analysis triangulated by a quantitative statistical analysis. In particular, the book attempts to capture Small Island Developing States control variables in its empirical analysis, often omitted from telecommunications empirical studies due to limited data. Based on the smallest and most isolated small island states in the World, the research’s comparative case study analysis was conducted in five Pacific Island States (Fiji, Papua New Guinea, Samoa, Tonga and Vanuatu). The book documents the early account of domestic telecommunications policies in Pacific Island case studies deemed useful for future research. In addition, the book proposes concrete policy insights to Small Island Developing State governments, telecommunications operators, academics and relevant international institutions. The book attempts to link three different strands of academic literatures – namely ‘islandness’, ‘telecommunications policy reform’ and ‘international trade agreements (WTO)’ – through analyzing the political economy of telecommunications reform in an island economy context and the role of the fixed-rules of the World Trade Organization on the credibility of telecommunications reform.
Download or read book Current Issues in the Economy and Finance of India written by Aswini Kumar Mishra and published by Springer. This book was released on 2018-09-13 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: This proceedings volume highlights important points of achieving a balanced and sustained growth path from diverse economics and finance perspectives, touching on a wide array of economic and social analyses in India. Featuring contributions presented at the 2018 International Conference on Economics and Finance (ICEF-2018) held at the Birla Institute of Technology and Science, Pilani, Goa, India, the enclosed papers explore topics such as inflation dynamics, information transmission in post-recession era, leverage effect and volatility asymmetry, structural change and economic growth and reforming tax systems, among others. The Indian economy today is remarkable and, not surprisingly, it is growing very rapidly. It has emerged as the fastest growing major economy in the world as per the Central Statistical Organization (CSO) and International Monetary Fund (IMF) and it is expected to be one of the top three economic powers of the world over the next 10 to15 years, backed by its strong democracy and partnership. At the backdrop of impressive progress of the Indian economy during the last two decades, the question that remains to be answered is does India still have a long way to go before it is functioning well as a market economy? This book critically examines the performance of the Indian economy at the national, state and sectorial levels. Featuring contributions from leading academicians, scholars and practitioners from Asia and the rest of the world, this book is an asset to students, professors, scholars, practitioners and policy makers in the areas of India economics, finance and sustainable development.
Download or read book Investor Behavior written by H. Kent Baker and published by John Wiley & Sons. This book was released on 2014-02-06 with total page 645 pages. Available in PDF, EPUB and Kindle. Book excerpt: WINNER, Business: Personal Finance/Investing, 2015 USA Best Book Awards FINALIST, Business: Reference, 2015 USA Best Book Awards Investor Behavior provides readers with a comprehensive understanding and the latest research in the area of behavioral finance and investor decision making. Blending contributions from noted academics and experienced practitioners, this 30-chapter book will provide investment professionals with insights on how to understand and manage client behavior; a framework for interpreting financial market activity; and an in-depth understanding of this important new field of investment research. The book should also be of interest to academics, investors, and students. The book will cover the major principles of investor psychology, including heuristics, bounded rationality, regret theory, mental accounting, framing, prospect theory, and loss aversion. Specific sections of the book will delve into the role of personality traits, financial therapy, retirement planning, financial coaching, and emotions in investment decisions. Other topics covered include risk perception and tolerance, asset allocation decisions under inertia and inattention bias; evidenced based financial planning, motivation and satisfaction, behavioral investment management, and neurofinance. Contributions will delve into the behavioral underpinnings of various trading and investment topics including trader psychology, stock momentum, earnings surprises, and anomalies. The final chapters of the book examine new research on socially responsible investing, mutual funds, and real estate investing from a behavioral perspective. Empirical evidence and current literature about each type of investment issue are featured. Cited research studies are presented in a straightforward manner focusing on the comprehension of study findings, rather than on the details of mathematical frameworks.
Download or read book The Effectiveness of Policy Instruments for Energy Efficiency Improvement in Firms written by Kornelis Blok and published by Springer Science & Business Media. This book was released on 2004-05-31 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can governments stimulate energy-efficiency improvement? This book analyzes environmental policy in the Netherlands to present a wealth of empirical results on the successes and failures of governmental initiatives in environmental policy. Discussion extends to such topics as free-rider effects of subsidies, the credibility of voluntary agreements, the art of regulation and the fate of research & development money.
Download or read book Climate Change 2014 Mitigation of Climate Change written by Ottmar Edenhofer and published by Cambridge University Press. This book was released on 2015-01-26 with total page 1457 pages. Available in PDF, EPUB and Kindle. Book excerpt: This latest Fifth Assessment Report of the IPCC will again form the standard reference for all those concerned with climate change and its consequences.
Download or read book Climate Change 2014 Mitigation of Climate Change written by Intergovernmental Panel on Climate Change and published by Cambridge University Press. This book was released on 2015-01-26 with total page 1458 pages. Available in PDF, EPUB and Kindle. Book excerpt: This latest Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) will again form the standard reference for all those concerned with climate change and its consequences, including students, researchers and policy makers in environmental science, meteorology, climatology, biology, ecology, atmospheric chemistry and environmental policy.
