ERN: Structure最新文献_第5页

Hedge Fund Fraud and the Public Good 对冲基金欺诈与公共利益

ERN: Structure Pub Date : 2009-12-21 DOI: 10.2139/SSRN.1531364

Lydie Pierre Louis

{"title":"Hedge Fund Fraud and the Public Good","authors":"Lydie Pierre Louis","doi":"10.2139/SSRN.1531364","DOIUrl":"https://doi.org/10.2139/SSRN.1531364","url":null,"abstract":"The current financial crisis resonates with every American, regardless of their connection to the securities markets. Many struggle to understand how and why the American financial and securities markets collapsed last year. In essence, why did the regulators fail to prevent the collapse? Government officials continue to analyze the relationship between the structural collapse of the markets and regulators’ limited jurisdiction over a class of entities whose transactions substantially impact the markets: hedge funds. Congress can no longer deny hedge funds’ detrimental impact on the financial and securities markets. The impetus for financial re-regulation has arrived. It is incumbent upon Congress to enact laws which extend the jurisdiction of federal regulators to hedge funds. At a minimum, such supervision is necessary to protect the investing public.The elusiveness of hedge funds and their investment strategies is of particular concern. Federal regulation may take the form of a registration requirement. Perhaps publicly-traded companies should disclose their transactions with hedge funds. More comprehensive regulatory reform options include the creation of a hybrid regulatory hedge fund governance matrix based upon the dollar volume, frequency of trades and potential losses that hedge funds may experience. It is incumbent upon Congress to create the proper balance between protecting the investing public and maintaining sustainable American financial and securities markets, which in turn stabilizes the global economy.","PeriodicalId":447069,"journal":{"name":"ERN: Structure","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130102931","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: 5

Use of State Police Services for Local Policing: The Case of New Jersey 在地方警务中使用州警察服务:新泽西州的案例

ERN: Structure Pub Date : 2009-10-13 DOI: 10.1111/j.1540-5850.2009.00938.x

D. Coate, Richard Schwester

引用次数: 14

The Incentive Effects of the Belgian Equalization Scheme: Proposals for Reform 比利时均等化方案的激励效应:改革建议

ERN: Structure Pub Date : 2009-07-01 DOI: 10.2139/ssrn.1586718

Koen Algoed

引用次数: 1

The Judiciary in South Africa: Independence or Illusion? 南非司法:独立还是幻想?

ERN: Structure Pub Date : 2008-10-05 DOI: 10.2139/SSRN.1279225

Penelope E. Andrews

{"title":"The Judiciary in South Africa: Independence or Illusion?","authors":"Penelope E. Andrews","doi":"10.2139/SSRN.1279225","DOIUrl":"https://doi.org/10.2139/SSRN.1279225","url":null,"abstract":"In this chapter I explore judicial independence and legal transformation in South Africa. My central thesis is that judicial independence is one of the key ingredients to ensuring that the transformative possibilities embodied in the Constitution become a reality for the majority of South Africans. Despite widespread approval of the principle of judicial review amongst legal scholars, many have warned that an unelected body sitting in judgment of the powers and functions of elected representatives may erode the basic tenets of democracy. This is particularly so in the case of economic or social policy where courts in their judgments may be at odds with the executive, the legislature and popular sentiment on these matters. Two issues that come to mind are the death penalty and procedural rights for the criminally accused, where evidence suggests that the Court's judgments are not viewed favorably by significant sections of the population. I argue that because of the lingering effects of authoritarianism, racism, sexism, and other forms of prejudice - cultural by-products of colonialism and apartheid - an independent judiciary may rise above these sentiments and ensure that South Africa remains committed to the promises of rights embodied in the Constitution. But my thesis also considers judicial independence in light of the racial and gender transformation of the judiciary. I argue that although thus far the courts, and particularly the Constitutional Court, has demonstrated an impressive independence, the political and racial loyalties of some sectors of the public to the governing party may pose a threat to judicial independence.","PeriodicalId":447069,"journal":{"name":"ERN: Structure","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-10-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115328113","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: 1

Conceptualizing Performance across Continents: The Case of Performance Expectations Prior to and after Public Crises in Europe and North America 跨大洲绩效概念化:欧洲和北美公共危机前后绩效预期的案例

ERN: Structure Pub Date : 2008-09-08 DOI: 10.2139/ssrn.1264951

Eric A. Scorsone, E. Padovani

{"title":"Conceptualizing Performance across Continents: The Case of Performance Expectations Prior to and after Public Crises in Europe and North America","authors":"Eric A. Scorsone, E. Padovani","doi":"10.2139/ssrn.1264951","DOIUrl":"https://doi.org/10.2139/ssrn.1264951","url":null,"abstract":"While it is indisputable that the new public management and more specifically performance measurement has become a centerpiece of governance in the late 20th and early 21st century, it is unclear in many cases if \"performance\" implies the same concept across cultures and countries. Across cultures and government systems, a variety of definitions of performance are in use among political and management actors, media and public opinion. The goal of this study is to use the occasion of a major public crisis or disaster (e.g. USA Bridge Collapse, Italian garbage crisis) to examine how, by whom and towards which directions performance expectations are established, altered and enforced during such episodes across countries. The acute nature of such crises, we believe, focuses the government and the public opinion on the foundation of performance expectations that permits a type of natural experiment amenable to investigative analysis. The study will attempt to contribute to our knowledge of the definitions and response to environmental condition changes on performance definitions and expectations across cultures and continents.","PeriodicalId":447069,"journal":{"name":"ERN: Structure","volume":"7 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120873580","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

Rethinking Corporate Governance in Ethiopia 重新思考埃塞俄比亚的公司治理

ERN: Structure Pub Date : 2008-09-07 DOI: 10.2139/ssrn.1264697

M. Negash

引用次数: 9

Taxation and Credible Commitment: Left, Right and Partisan Turnover 税收和可信承诺:左翼、右翼和党派更替

ERN: Structure Pub Date : 2008-05-18 DOI: 10.5129/001041510X12911363509558

Jeffrey F. Timmons

引用次数: 35

Foreign Aid, Foreign Direct Investment and Governance in Africa 外国援助、外国直接投资与非洲治理

ERN: Structure Pub Date : 2008-03-27 DOI: 10.2139/ssrn.1308332

A. Lemi

{"title":"Foreign Aid, Foreign Direct Investment and Governance in Africa","authors":"A. Lemi","doi":"10.2139/ssrn.1308332","DOIUrl":"https://doi.org/10.2139/ssrn.1308332","url":null,"abstract":"In Africa, good governance has been preached as a panacea to reverse economic plight, to attract inflow of capital, and, in some cases, to reverse capital outflows. The flow of capital, however, has side effects on host economies' governance, among other things. Given the highly expected economic impacts, it has also becoming clear that the increased inflow of Foreign Direct Investment (FDI) and Official Development Aid (ODA) may have impacts on governance institutions of a host country. But the direction of the impact is not obvious. Knack and Rehman (2007) as well as Brautigam and Knack (2004) report negative association between foreign aid and governance indicators whereas Goldsmith (2001) indicates positive relationship between the two variable in Sub-Saharan Africa. Using data on governance indicators, FDI and ODA, the present study explores further whether FDI and ODA promote good governance in Africa during 1975-2002 to explain these conflicting results. The results of the study confirm that ODA has had positive and significant effects on governance, whereas for the case of FDI, although contemporaneous effects could not be detected, significant effects from FDI come only a year or two after FDI firms commit themselves to start actual operation in a host country.","PeriodicalId":447069,"journal":{"name":"ERN: Structure","volume":"105 3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132906418","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: 3

Political Islam and Europe - Views from the Arab Mediterranean States and Turkey 政治伊斯兰与欧洲-地中海阿拉伯国家和土耳其的观点

ERN: Structure Pub Date : 2007-04-01 DOI: 10.2139/ssrn.1338013

R. Springborg

引用次数: 4

Brokers, Bureaucrats, and the Emergence of Financial Markets 经纪人、官僚和金融市场的出现

ERN: Structure Pub Date : 2004-02-01 DOI: 10.1108/03074350410768903

E. Stringham, Peter J. Boettke

引用次数: 14