EMPIRICAL ANALYSIS OF INTERNET-ENABLED MARKET TRANSPARENCY: IMPACT ON DEMAND, PRICE ELASTICITY, AND FIRM STRATEGY Nelson F. Granados Alok Gupta Robert J. Kauffman Doctoral Program Professor Professor and Director, MISRC Information and Decision Sciences, Carlson School of Management, University of Minnesota Last revised: December 6, 2005 _________________________________________________________...

We provide a three way theoretical comparison of dealer, limit order, and hybrid markets and analyze the impact that the organization of trading has on volume, liquidity, and price efficiency. We find, in particular, that trading volume is highest in the limit order market and lowest in the dealer market. Small order price impacts are lowest and large order price impacts are highest in limit or...

Modern financial markets compete aggressively for trading activity and investor interest. Information technology, once a crucial element in streamlining paper flows and operations, is now a strategic resource used in attracting or retaining market liquidity. Established exchanges introduce technology to enhance their markets. New market venues challenge the status quo and rely on technology to ...

IV. Discussion of the Guidelines .............................................................................................10 1. Debt Management Objectives and Coordination...................................................10 2. Transparency and Accountability ..........................................................................14 3. Institutional Framework.................................

This paper discusses the need for effective financial market regulation as Asia recovers from the crisis. Specifically, we argue that transparency must be improved, that regulation must be more effective, and that regulatory bodies must be tough. In making these suggestions, we draw on the experience of the United States, with special ferencetothe Securities and Exchange Commission.

In this paper, we examine the patterns of behaviour of companies from former socialist countries related to the application of good corporate governance practices. We try to assess the level of transparency and to determine if there are any factors that systematically influence corporate behaviour in this regard. Using a sample of 145 companies from Croatia, Macedonia, Slovenia and Serbia, we a...

Article: Supply chain management is a common strategy employed by businesses to improve organizational processes by optimizing the transfer of goods, information, and services between buyers and suppliers in the value chain [6]. Organizational value chains routinely extend business processes and information flows beyond corporate boundaries [7, 12]. A central tenet of this article lies in creat...

The liberalization of the natural gas market in Republic Moldova determined completion Law no. 108 27 May 2016 regarding accordance with provisions Regulation (EU) No 1227/2011 European Parliament and Council 25 October 2011 on wholesale energy integrity transparency. emergence new economic social relations (viz. transparency market) conditioned Criminal Code articles 2442 ,,Manipulation market...

Modern governance is the product of constant efforts to make entire society visible, calculable and manageable. Transparency has emerged as central ethics manage public visibility in market governance. Its celebration or refusal been associated with technological political evolution. Using bibliometric analyses academic literature concerning transparency, this paper traces interactions transpar...