Emerging Markets Economics: Industrial Policy & Regulation eJournal最新文献_第9页

Loan to Directors: Guarantee Against Loan from Banks and Financial Institutions -- A Perspective from Section 185 of the Companies Act, 2013 董事贷款:对银行和金融机构贷款的担保——从2013年公司法第185条的视角

Emerging Markets Economics: Industrial Policy & Regulation eJournal Pub Date : 2014-09-02 DOI: 10.2139/SSRN.2490336

Adv. Bansal, Adv. Bansal

引用次数: 0

Role of Local Private Universities in Increasing Labour Productivity in Malawi 当地私立大学在提高马拉维劳动生产率方面的作用

Emerging Markets Economics: Industrial Policy & Regulation eJournal Pub Date : 2014-07-09 DOI: 10.2139/ssrn.2371702

B. Kampanje

引用次数: 1

Dividends: Publicly Listed Brazilian Companies’ Propensity to Pay or Not to Pay 股息:巴西上市公司的支付或不支付倾向

Emerging Markets Economics: Industrial Policy & Regulation eJournal Pub Date : 2014-06-09 DOI: 10.2139/ssrn.2447972

J. Procianoy, D. Vancin

{"title":"Dividends: Publicly Listed Brazilian Companies’ Propensity to Pay or Not to Pay","authors":"J. Procianoy, D. Vancin","doi":"10.2139/ssrn.2447972","DOIUrl":"https://doi.org/10.2139/ssrn.2447972","url":null,"abstract":"We exploit a feature in Brazilian regulation that requires firms to pay a minimal dividend (depending on the firm’s bylaws and yearly income) to study the factors influencing firms to pay above minimum rates. Due to this fact we consider their desire to pay occurs only when they pay an amount higher than this minimum, otherwise it is their law or contractual obligation fulfillment. To this end, a logit model was employed to separate firms that pay their obligatory minimum (legal & contractual) from those that pay rates higher than the minimum and then a multiple regression model was used to test which variables influenced the firms in the second of these groups to pay higher dividends, analyzing a sample of 1118 dividend distributions from 2007 to 2011. It was found that the variables debt, investment, ownership concentration and stability of dividends policy influenced companies listed on the Brazilian stock exchange to pay higher remuneration rates than their obligatory minimums. This study contributes to understanding of the subject of dividends by focusing on the “extra” portion, meaning real decision to pay dividends. No legal and bylaws deep interpretation may bring us a misunderstanding of financial decisions.","PeriodicalId":424970,"journal":{"name":"Emerging Markets Economics: Industrial Policy & Regulation eJournal","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123879632","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Combatting Anticompetitive Interlocks: Section 8 of the Clayton Act as a Template for Small and Emerging Economies 打击反竞争联锁:《克莱顿法》第8节作为小型和新兴经济体的模板

Emerging Markets Economics: Industrial Policy & Regulation eJournal Pub Date : 2014-04-08 DOI: 10.2139/ssrn.2353703

M. Jacobs

{"title":"Combatting Anticompetitive Interlocks: Section 8 of the Clayton Act as a Template for Small and Emerging Economies","authors":"M. Jacobs","doi":"10.2139/ssrn.2353703","DOIUrl":"https://doi.org/10.2139/ssrn.2353703","url":null,"abstract":"Interlocking directorates, or management interlocks, appear to be relatively common occurrences in many countries. While the practice generally is not considered to be harmful to competition, interlocks that involve competitors can raise serious concerns because of the potential to facilitate collusion or otherwise contribute to the establishment or maintenance of tacit or oligopolistic coordination. Those concerns may be particularly acute in small economies like Chile, which are characterized by tight oligopolies and limited enforcement resources. While competition authorities in Chile have been able to address competitively troublesome interlocks in a few instances, this paper contends that the current framework there — as it is likely to be in similar small and emerging economies — is inadequate for dealing with the problem in a systematic and cost-effective manner. Rather, it argues that following the model of section 8 of the Clayton Act, with an absolute ban on direct competitor interlocks and perhaps de minimus exceptions tailored for the particular economy, provides a far more useful template to address the issue. Other interlocks that do not involve direct competitors, but that otherwise raise competitive issues, could be addressed under the general competition laws. Such an approach provides an efficient and economical tool for avoiding the potential harms that can accompany anticompetitive interlocks, while still allowing companies to benefit from the practice in situations that are unlikely to raise competitive issues.","PeriodicalId":424970,"journal":{"name":"Emerging Markets Economics: Industrial Policy & Regulation eJournal","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117217156","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

Regulation of Combinations Under the Competition Law in India 印度竞争法对合并的规制

Emerging Markets Economics: Industrial Policy & Regulation eJournal Pub Date : 2014-03-22 DOI: 10.2139/ssrn.2485557

Shivam Goel

引用次数: 0

Regulatory Capitalism, Globalization and the End of History 管制资本主义、全球化与历史的终结

Emerging Markets Economics: Industrial Policy & Regulation eJournal Pub Date : 2014-03-01 DOI: 10.2139/ssrn.2449920

P. Drahoš

引用次数: 4

Assessing Unfair Pricing Under China's Anti-Monopoly Law for Innovation-Intensive Industries 中国创新密集型产业反垄断法下的不公平定价评估

Emerging Markets Economics: Industrial Policy & Regulation eJournal Pub Date : 2014-03-01 DOI: 10.2139/SSRN.2403159

David S. Evans, Vanessa Yanhua Zhang, Xinzhu Zhang

引用次数: 69

Injecting Competition in Broadcasting through MCMO Regulations: Some Recommendations for Mexico 通过MCMO条例为广播行业注入竞争:对墨西哥的一些建议

Emerging Markets Economics: Industrial Policy & Regulation eJournal Pub Date : 2014-02-28 DOI: 10.2139/SSRN.2403048

A. Elbittar, Ernesto M. Flores-Roux, Elisa V. Mariscal, M. Cave

引用次数: 0

Analysing Competition in the Quick Service Restaurant Industry 快餐业的竞争分析

Emerging Markets Economics: Industrial Policy & Regulation eJournal Pub Date : 2014-02-27 DOI: 10.2139/ssrn.2402180

K. Krishna

{"title":"Analysing Competition in the Quick Service Restaurant Industry","authors":"K. Krishna","doi":"10.2139/ssrn.2402180","DOIUrl":"https://doi.org/10.2139/ssrn.2402180","url":null,"abstract":"The food and beverage industry is a thriving sector in the Indian market. Quick Service Resteraunts constitute a important part of this sector. Fast food restaurants feature a common menu above the counter; they provide no wait staff; and customers typically pay before eating and choose and clear their own tables. These restaurants are also known as quick serve restaurants (QSRs). They emphasize on speed of service, low cost and convenience. Also they can have a take away and/or home delivery format. Since the Quick-Service Industry is a cutthroat business where profits are slim and competition is high, ‘staying on top’ is a daily struggle. The Quick-Service Restaurant industry is a multi-billion dollar global industry that consists of multiple and diverse players in a market that shows no signs of tapering off. Success in this type of business comes from the simple model of offering remarkable customer service bundled with a great tasting product. Industry leaders use strategic methods and tactics like differentiation, separating their products from the competition, to cost-leadership, becoming the lowest cost producer, to a focused target, where a firm tailors there product to specific customers, to a combination off all three. Yet, standing out or even staying relevant in this industry is an extremely difficult task. Companies must maintain their strong standardized organizational design in order to make a profit through high volume while realizing and accepting the fact that the QSR Industry is one of the fastest evolving industries in the world.","PeriodicalId":424970,"journal":{"name":"Emerging Markets Economics: Industrial Policy & Regulation eJournal","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-02-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133889946","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Enforcement Under China’s Anti-Monopoly Law: So Far, So Good? 中国反垄断法的执行:到目前为止还好吗?

Emerging Markets Economics: Industrial Policy & Regulation eJournal Pub Date : 2014-01-01 DOI: 10.2139/ssrn.3518918

Xiaoye Wang, Adrian Emch

{"title":"Enforcement Under China’s Anti-Monopoly Law: So Far, So Good?","authors":"Xiaoye Wang, Adrian Emch","doi":"10.2139/ssrn.3518918","DOIUrl":"https://doi.org/10.2139/ssrn.3518918","url":null,"abstract":"With the launch of the Opening-Up and Reform Policy in the late 1970’s, China has undertaken the difficult transition from a planned economy to a market economy. In parallel with the significant economic reforms, China's legal system has been remodelled. The Anti-Monopoly Law is a key law in China’s effort to lay out the legal framework for an effective market economy.<br><br>Each of the three antitrust enforcement agencies in China has achieved progress, and private litigation in courts is evolving quickly. Nonetheless, as China’s transition has not been completed, it is natural that antitrust enforcement encounters considerable challenges. The lawsuit against the General Administration of Quality Supervision, Inspection and Quarantine, the questions raised in relation to the China Unicom/China Netcom merger and the issue in the TravelSky case illustrate some of these challenges. <br><br>China should continue its efforts to increase the effectiveness of antitrust enforcement. In particular, it is necessary to raise the awareness in society about the concept of competition and the importance of competition policies, and to improve the authorities' antitrust enforcement capabilities.","PeriodicalId":424970,"journal":{"name":"Emerging Markets Economics: Industrial Policy & Regulation eJournal","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123365478","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0