Carte Essays on Asymmetric Information Problems Hideaki Sakawa

Essays on Asymmetric Information Problems

Economic Analysis of Bubble and Corporate Governance

Limbă: engleză
Legare: Carte broșată
Disponibilitate: La editor doar la comandă
Expediem în 17-27 zile
253.35 lei
This book contains three Chapters. After the introduction part, Chapter 1 reexamines a bubble that p...

Informații despre carte

Limbă
engleză
Legare
Carte - Carte broșată
Publicat
2009
Pagini
80
EAN
9783639106015
Enbook ID
06819564
Dimensiuni
149 x 221 x 13

Descriere completă

This book contains three Chapters. After the introduction part, Chapter 1 reexamines a bubble that persists towards synchronization risk. We find that a certain condition that usually does not hold is required for the existence of synchronization risk. Chapter 2 presents a model that explains why asset bubbles collapse despite any delay in arbitrage. An endogenous mechanism for bubble bursting that persists under synchronization risk is examined. Chapter 3 examines the relationship between the level of managerial compensation and the quality of corporate governance in Japan in the period following the bubble burst of 1991-95.

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