منابع مشابه
Shareholder Wealth Effects of MANAGEMENT Regulatory COMPLIANCE
Purpose: This paper addresses whether and how the Sarbanes-Oxley Act of 2002(SOX) affects shareholder wealth (firm value) by focusing on the trade-off between improved corporate governance leading to a lower cost of capital and increased managerial compliance costs of regulations. Design/Methodology: We use an analytical model of solving the management utility maximization function and the cha...
متن کاملWEALTH AND HAPPINESS REVISITED Growing wealth of nations does go with greater happiness
Will raising the incomes of all increase the happiness of all?” Intuition says 'yes' but theories of relative utility caution that the answer may be ‘no’. The theory of relative utility holds that rises in income will produce at best short-lived gains in happiness. If people’s happiness depends on income relative to others (social comparisons), or on income relative to their own past income (ad...
متن کاملSeignorage Wealth in the Eurosystem: Eurowinners and Eurolosers Revisited
The rules laid down in Article 32 of the Protocol No. 18 on the Statute of the European System of Central Banks and of the European Central Bank of the Maastricht Treaty will significantly redistribute European seignorage income and hence the implicit entitlement to the € 352 billion stock of interest bearing assets which the central banks contributed to the currency union as of 1 January 1999....
متن کاملThe wealth effects of smoking.
OBJECTIVE To investigate the impact of smoking on the wealth of US young baby boomers. METHODOLOGY The research analyses self reported responses of both smoking habits and wealth holdings from a nationally representative sample of US individuals born between 1957 to 1964 (n = 8908). Data are from four waves (1984, 1992, 1994, 1998) of the National Longitudinal Survey of Youth 1979 cohort, a r...
متن کاملWealth Effects on Job Preferences
Preferences over jobs depend on wages and non-wage aspects. Variation in wealth may change the importance of income as a motivation for working. Higher wealth levels may make good non-wage characteristics relatively more important. This hypothesis is tested empirically using a reduced form search model in which differential job leaving rates identify willingness to pay for non-wage aspects of j...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Critical Finance Review
سال: 2013
ISSN: 2164-5744,2164-5760
DOI: 10.1561/104.00000009