Stock exchanges’ governance

There is a bourgeoning strand of academic literature dealing with the matter of corporate governance in the exchange industry. Large part of that literature investigates the reasons why exchanges modify their legal status. In particular, it tries to find a viable economic explanation to the demutualization of exchanges and the subsequent listing of major exchanges. The corporatization of exchanges would mirror the attempt to balance the vested interests of brokerage firms and outside shareholders, locals and international intermediaries, listed firms and platform users.

17p 035522894 13-04-2020 9 0   Download

This paper examines the effect of corporate governance mechanism on earnings management of 130 enterprises traded on Ho Chi Minh Stock Exchange (HOSE), Vietnam in 2014. Earnings management is measured by discretionary accruals and corporate governance is characterized by the CEO duality, board size and board independence.

0p byphasse043256 12-01-2019 37 2   Download

This paper examines the effect of corporate governance mechanism on earnings management of 130 enterprises traded on Ho Chi Minh stock exchange, Viet Nam 2014.

0p caygaocaolon1 13-11-2019 30 0   Download

This paper investigates primary differences between Vietnam’s accounting standards (VAS) and international accounting standards (IAS) as well as international financial reporting standards (IFRS), thereby introducing some solutions to collaboration between the government agencies and listed joint-stock companies (JSC) in an effort to apply IAS to the making of financial statements for Vietnam’s JSC before their listing on foreign stock exchanges.

5p danhnguyentuongvi27 19-12-2018 21 0   Download

The thesis systematizes theoretical matters related to Public Corporate Governance listed in the stock market; simultaneously, the thesis suggests suitable and effective solutions to improve quality of Corporate Governance throughout evaluating the reality of Public Corporate Governance listed in Hanoi stock market upon Model of Company Admistration scorecard of OECD.

27p caygaocaolon7 17-09-2020 38 0   Download

Capital may be raised through private means, by public offer (IPO) on a stock exchange, or in many other ways. Major stock exchanges include the Shanghai Stock Exchange, Singapore Exchange, Hong Kong Stock Exchange, New York Stock Exchange and Nasdaq (USA), the London Stock Exchange (UK), the Tokyo Stock Exchange (Japan), Bombay Stock Exchange(India) and so on. Most countries with capital markets have at least one.

339p transang4 01-10-2012 41 6   Download

Finally, stock exchange alliances and increasing collaboration is acting to improve governance standards globally. Through exchange alliances and initiatives to attract dual listings, exchanges are also helping to spread good governance standards globally. For instance, NASDAQ OMX has been active in providing counselling to exchanges in Eastern Europe and the Middle East on how to improve transparency and disclosure in their local market though sharing its experiences in this area.

32p bocapchetnguoi 05-12-2012 45 2   Download

Based on a SEBI-NCAER survey which found 80 per cent of equity investor households to be first generation investors and majority of equity-owning households having an inadequate diversification of portfolio – only about 5 per cent invested in more than 5 companies, the National Stock Exchange (NSE) concluded that the households lacked “experience of stock market operations”.

19p quaivattim 04-12-2012 33 1   Download

The paper also found that there is no significant correlation between internal control and strategy differentiation. These conclusions have a certain significance for listed companies to improve internal control, conduct financial governance and achieve their strategic objectives.

12p viankara2711 04-12-2019 9 1   Download

Because these provisions must apply to transfers involving a broad range of investment property, and not just securities issued by Alberta corporations, they should be removed from the ABCA and placed in a separate statute. We have also recommended that Alberta legislation should be uniform with other provincial and federal legislation governing transfers of investment securities. With the rapid growth of cross-border transactions, the need for uniformity in this area is compelling.

85p bocapchetnguoi 06-12-2012 27 0   Download

This study investigates the relationship of selected economic factors such as inflation rate, 10-year Government bond yields, GDP growth rate, exchange rate, and stock trading volumes and real estate stock price of 38 real estate companies listed on HOSE in period 7 years, from January 2009 to September 2015.

13p vithomasedison2711 14-08-2019 40 0   Download

The Indonesian Government reviewed back the tax amnesty in 2016. Various reactions came up along with the announcement of tax amnesty, the investors did not accept- which led to the announcement of the Tax Forgiveness regulation through the market reactions and stock market performances in Indonesia Stock Exchange.

9p vimadrid2711 18-12-2019 16 0   Download

The study aimed at developing a model that predict the probability of failure of companies operating in the developing economies using financial ratios and non-financial ratio. The logit model was the main statistical tool applied. A matched sample design was used. Three models were developed and compared; a model consisting of financial ratios only (Model 1), non-financial ratios only (Model 2) and both financial and non-financial ratios (Model 3). From the study, comparatively Model 3 is more efficient in predicting the corporate failure status in one year from now.

14p trinhthamhodang2 21-01-2020 12 0   Download

The study seeks to investigate empirically the relationship between the monetary policy instruments used by the Central Bank of Nigeria and stock market performance measured by the growth of market capitalization in the Nigerian Stock Exchange Market. We employed time series data that spanned from 1980-2013. This period was considered due to the liberalization of the financial sector.

23p trinhthamhodang2 21-01-2020 16 0   Download

This study represents a new attempt to show the role of corporate governance characteristics on the performance of Jordanian Banks expressed by return on equity ROE during the period from 2014 to 2017. The investigation employed statistics measurements and tools to state the relationships between ROE and different variables.

10p kelseynguyen 26-05-2020 8 0   Download

The main objects of research are: board’s characteristics and ownership structure affecting business results of food manufacturing companies listed on Vietnam's stock exchange the research examines the basic theories and the reality of corporate governance, board’s characteristics, ownership structure and business performance in businesses.

14p mmlemmlem_124 22-12-2020 7 0   Download

This research studies the relationship between equity structure and business performance/ operating results of listed companies on HOSE for three years 2015, 2016, and 2017. This is not only an important aspect of corporate governance but also more important for companies operating in the form of a jointstock company.

16p larachdumlanat129 19-01-2021 27 0   Download

3.5.1 Issue of Rights/Bonus Shares – FEMA provisions allow Indian companies to freely issue Rights/Bonus shares to existing non-resident shareholders, subject to adherence to sectoral cap, if any. However, such issue of bonus / rights shares has to be in accordance with other laws/statutes like the Companies Act, 1956, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 (in case of listed companies), etc.

121p lulanphuong 22-03-2012 86 9   Download

The past ten years are witness to many changes in line with this objective. Trading and settlement procedures have been improved. New instruments have been introduced. Disclosure levels have been enhanced. Measures to protect investors’ interest and educate them have been initiated at least on paper. A code of corporate governance has been put in place. Steps were initiated to change the organisational structure of the stock exchanges.

18p quaivattim 04-12-2012 44 3   Download

Listing standards may or may not address governance issues directly and/or compliance with an applicable governance code may well be part of individual listing agreements. In some instances, as mentioned above, listing standards incorporate elements of the governance code (cf. the Australian example). In other jurisdictions, additional governance standards - over and above the governance code - have been introduced as part of the listing requirements. For instance, the Stockholm Stock Exchange and the TSX both impose such standards (e.g.

45p bocapchetnguoi 05-12-2012 46 3   Download