AIG Case Study Applied to the Efficient Capital Market Hypothesis and the Legal Theory of Finance

2014 ◽  
Author(s):  
Alexandre Tim Gallopin
2019 ◽  
Vol 11 (11) ◽  
pp. 72
Author(s):  
Heba Gazzaz

Crowdfunding is an innovative form of financial support that is increasingly used around the world. Crowdfunding can provide a new investment channel and help those with innovative ideas and start-up businesses to circumvent traditional financing struggles and secure alternative finance. This paper presents an overview of crowdfunding, its fundamentals, and its main participants. Specifically, it explores the characteristics of crowdfunding in Saudi Arabia by examining the first and successful crowdfunding platform (Manafa) to be licensed by the country’s capital market authority. This paper shows that the sole applicable model in Saudi Arabia is equity-based crowdfunding, and this is significantly controlled and operated under a more efficient legal framework than much foreign crowdfunding. However, the Saudi market would benefit from greater awareness of crowdfunding as a new investment channel, and from the introduction of the debt-based crowdfunding model in accordance with Saudi market regulations.


2016 ◽  
Vol 58 (5) ◽  
pp. 486-506 ◽  
Author(s):  
Marjan Marandi Parkinson

Purpose The traditional form of legal research with its predominant emphasis on doctrinal and theoretical analysis is now increasingly augmented by empirical research that seeks to document actions and decisions and draw broader conclusions. This relatively new research tradition is arguably making a positive contribution to legal theory and practice, particularly in the USA [for a general discussion see SJ Lubben, “Do Empricial Bankruptcy Studies Matter?” (2012) 20 ABI L Rev 715]. The paper aims to report on the use of empirical research to examine corporate governance in the context of financially distressed UK public companies. Design/methodology/approach The paper uses statutory corporate filings and mandatory stock exchange reports to document the process of informal debt resolution prior to the company’s entry into administration or Company Voluntary Arrangement. The findings are presented in an innovative way as a series of case studies focusing on process, participants and outcomes of informal debt resolution. Findings The paper concludes that it is possible to use case study research as a means to explore corporate governance in the context of financially distressed companies. Although such an approach is challenging in various ways, there are some advantages that complement more traditional research approaches. The findings show how directors’ attention shifts away from shareholders’ interests to those of creditors at times of financial distress and challenges conventional models of governance that stress shareholder value. Originality/value The distinctive features of the research are the development of a case-study based approach that draws on publicly available data sources, a process based analysis and a synthesis of corporate governance and law.


Equilibrium ◽  
2012 ◽  
Vol 7 (2) ◽  
pp. 59-76 ◽  
Author(s):  
Danuta Dziawgo

The aim of the elaboration is to draw attention to selected aspects of investor relations importance for capital market functioning to increase the quality of communication with investors in the global financial market. The article presents the importance of investor relations from a macroeconomic and microeconomic point of view. The theory was complemented with selected surveys results.The surveys were conducted by the author on a sample of individual investors, stock-quoted companies and sell-side analysts on Polish capital market between June 2009 – March 2010. In the article, description method, comparison method, case study and questionnaire method were used.


2018 ◽  
Vol 2 (1) ◽  
pp. 32-43
Author(s):  
Susan Febriantina ◽  
Hania Aminah ◽  
Herlitah Herlitah

Social media is an effective tool for millennials to learn many things nowadays. However, not all millennials understand how to use social media as a something useful, including entrepreneurial spirit. Therefore, this programme held to 1) emerge teenagers ‘entrepreneurial spirit through social media; 2) socialize social media ethics with its functions for learning. The method used was cooperative learning which matched for teenagers such as explanation, games, question and answer, sharing experience, case study, and discussion. Based on activities evaluation, both knowledge and spirit of the participants (teenagers) about entrepreneurship and social media ethics increased. Furthermore, there will be follow up programs by visiting some entrepreneurship facilities such as Management Business Development Centre (PPMB), Carrier Development Centre (CDC), and Capital Market Laboratory of Economics Faculty Universitas Negeri Jakarta. By this program, we expect that the participants are motivated to develop their entrepreneurship spirit.   Keywords: Entrepreneurship, Teenager, Social Media


2020 ◽  
Vol 11 (2) ◽  
pp. 43
Author(s):  
P. Baba Gnanakumar

The Indian microfinance firms are stabilizing from the microfinance crisis of 2010. The firms are oscillating in taking the decisions about financing through debt or equity. Some of the firms, even after getting approval from regulatory bodies for going through Initial Public Offer (IPO), are deferring their plans. In this perspective, the present research has been initiated to identify the capital market risk. Four Indian IPOs held between 2016 and 2019 are studied. The result indicates that there is an inverse relationship between the profitability of the firm and the IPO subscription rate.


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