FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1940536105> ?p ?o ?g. }

• W1940536105 abstract "This paper examines capital market effects of changes in securities regulation. We analyze two key directives in the European Union (EU) that tightened market abuse and transparency regulation and its enforcement. All EU member states were required to adopt these two directives, but did so at different points in time. Our research design exploits this differential timing of the same regulatory change to identify the capital-market effects. We also use crosssectional variation in the strictness of implementation and enforcement as well as in prior regulation to analyze the role of these factors for regulatory outcomes. We find that, on average, market liquidity increases as EU countries tighten market abuse and transparency regulation. The effects are larger in countries that implement and enforce the directives more strictly. They are also stronger in countries with traditionally stricter securities regulation and with a better track record of implementing regulation and government policies in general. The results indicate that the same forces that have limited the effectiveness of regulation in the past are still at play when new rules are introduced, leading to hysteresis in regulatory outcomes. The findings also illustrate that imposing the same regulation in countries with different initial conditions can make countries diverge more, rather than move them closer together, which has important implications for global regulatory reform. JEL classification: F30, G15, G18, G30, K22, M41" @default.
• W1940536105 created "2016-06-24" @default.
• W1940536105 creator A5070218174 @default.
• W1940536105 creator A5086806380 @default.
• W1940536105 date "2011-01-01" @default.
• W1940536105 modified "2023-09-27" @default.
• W1940536105 title "Capital-Market Effects of Securities Regulation: Hysteresis, Implementation, and Enforcement" @default.
• W1940536105 cites W1494829249 @default.
• W1940536105 cites W1520386898 @default.
• W1940536105 cites W1527491232 @default.
• W1940536105 cites W1579332603 @default.
• W1940536105 cites W1591748721 @default.
• W1940536105 cites W1593455549 @default.
• W1940536105 cites W1606260859 @default.
• W1940536105 cites W1783896049 @default.
• W1940536105 cites W1934649023 @default.
• W1940536105 cites W1982375873 @default.
• W1940536105 cites W1985808284 @default.
• W1940536105 cites W1995593202 @default.
• W1940536105 cites W2000424668 @default.
• W1940536105 cites W2029583424 @default.
• W1940536105 cites W2035606631 @default.
• W1940536105 cites W2044473084 @default.
• W1940536105 cites W2050322029 @default.
• W1940536105 cites W2054965424 @default.
• W1940536105 cites W2069545344 @default.
• W1940536105 cites W2099241035 @default.
• W1940536105 cites W2104559023 @default.
• W1940536105 cites W2106915298 @default.
• W1940536105 cites W2111147781 @default.
• W1940536105 cites W2118600904 @default.
• W1940536105 cites W2125531201 @default.
• W1940536105 cites W2149367714 @default.
• W1940536105 cites W2154187126 @default.
• W1940536105 cites W2157226627 @default.
• W1940536105 cites W2163621275 @default.
• W1940536105 cites W2164437309 @default.
• W1940536105 cites W2170044169 @default.
• W1940536105 cites W2316114360 @default.
• W1940536105 cites W2528295441 @default.
• W1940536105 cites W263435413 @default.
• W1940536105 cites W2735071234 @default.
• W1940536105 cites W2796582032 @default.
• W1940536105 cites W3021598678 @default.
• W1940536105 cites W3022871155 @default.
• W1940536105 cites W3121238223 @default.
• W1940536105 cites W3121399625 @default.
• W1940536105 cites W3121546316 @default.
• W1940536105 cites W3122169829 @default.
• W1940536105 cites W3122223224 @default.
• W1940536105 cites W3122225372 @default.
• W1940536105 cites W3122635863 @default.
• W1940536105 cites W3122665682 @default.
• W1940536105 cites W3122674945 @default.
• W1940536105 cites W3122930026 @default.
• W1940536105 cites W3122951791 @default.
• W1940536105 cites W3123287555 @default.
• W1940536105 cites W3123817661 @default.
• W1940536105 cites W3124136102 @default.
• W1940536105 cites W3124417004 @default.
• W1940536105 cites W3124437711 @default.
• W1940536105 cites W3124686906 @default.
• W1940536105 cites W3125030308 @default.
• W1940536105 cites W3125068865 @default.
• W1940536105 cites W3125113415 @default.
• W1940536105 cites W3125342930 @default.
• W1940536105 cites W3125373908 @default.
• W1940536105 cites W3125391288 @default.
• W1940536105 cites W3125753879 @default.
• W1940536105 cites W3125878125 @default.
• W1940536105 cites W3125936596 @default.
• W1940536105 cites W3126017435 @default.
• W1940536105 cites W3126033619 @default.
• W1940536105 hasPublicationYear "2011" @default.
• W1940536105 type Work @default.
• W1940536105 sameAs 1940536105 @default.
• W1940536105 citedByCount "26" @default.
• W1940536105 countsByYear W19405361052012 @default.
• W1940536105 countsByYear W19405361052013 @default.
• W1940536105 countsByYear W19405361052014 @default.
• W1940536105 countsByYear W19405361052015 @default.
• W1940536105 countsByYear W19405361052016 @default.
• W1940536105 countsByYear W19405361052019 @default.
• W1940536105 countsByYear W19405361052020 @default.
• W1940536105 crossrefType "journal-article" @default.
• W1940536105 hasAuthorship W1940536105A5070218174 @default.
• W1940536105 hasAuthorship W1940536105A5086806380 @default.
• W1940536105 hasConcept C10138342 @default.
• W1940536105 hasConcept C143910263 @default.
• W1940536105 hasConcept C144133560 @default.
• W1940536105 hasConcept C155202549 @default.
• W1940536105 hasConcept C162324750 @default.
• W1940536105 hasConcept C165696696 @default.
• W1940536105 hasConcept C17744445 @default.
• W1940536105 hasConcept C183582576 @default.
• W1940536105 hasConcept C18547055 @default.
• W1940536105 hasConcept C199539241 @default.
• W1940536105 hasConcept C2779777834 @default.
• W1940536105 hasConcept C2780233690 @default.
• W1940536105 hasConcept C2910001868 @default.

• next