Working Paper

01 February 2008

Comparative Analysis on Legal Regulation of the Liability of Members of the Management organs of Companies

This Report was prepared, with support by the World Bank, for the Russian Center for Capital Market Development and the Russian Federal Service on the Securities Market (FSFM). We discuss the liability under company law of members of the...

Bernard Black | Brian Cheffins | Martin Gelter | Hwa-Jin Kim | Richard Nolan | Mathias Siems | Linia Prava
01 December 2005

Financial Liberalization and Banking Crises: The Role of Capital Inflows and Lack of Transparency

This paper shows that the liberalization of capital inflows may undermine bank stability in emerging markets. After financial liberalization, uninformed international investors rationally provide large amounts of funds at low...

Mariassunta Giannetti