Tabla de Contenidos:
  • Cover
  • Corporate and Institutional Transparency for Economic Growth in Europe
  • Contents
  • Contributors
  • Preface
  • Outline of the book
  • Transparency, Capital Formation, and Economic Growth
  • Introduction
  • Growth, Capital, and Transparency: Main Insights from the Literature and a Framework
  • Transparency and European Integration
  • Optimal Transparency?
  • The Link between Transparency, Political Risk, and Economic Growth-an Example
  • Conclusions
  • References
  • Economic Policy and Institutional Transparency: The ECB£
  • Introduction
  • The Changing Face of CBs
  • The Meaning of Transparency as Applied to CBs
  • Transparency of the ECB's Monetary Policy
  • Issues for Debate
  • Concluding Comments
  • References
  • Transparency in Competition Policy
  • Introduction
  • Transparency and Competition Policy
  • Transparency of Competition Policy Enforcement within the EU
  • Transparency in Multijurisdictional Merger Enforcement in the Global Economy
  • Conclusions
  • Acknowledgement
  • References
  • Environmental Policy and Institutional Transparency in Europe£
  • Introduction
  • Local Standards and Civil Society Activism
  • National Standards and Divergence within the EU
  • Supranational Level and Uncertainties Related to Climate Change Policy
  • Conclusions
  • Acknowledgements
  • References
  • Transparency in Human Capital Policy: A Prerequisite for European Economic growth
  • Introduction
  • Transparency in Human Capital Policy and Economic Growth
  • Transparency Aspects of the Open Method of Coordination
  • What to Aim For? The Relationship between Targets and Reference Levels
  • How to Weight the Various Objectives? The Aggregation Problem
  • The Objectives of the EU Educational Policy and Indicators for these Objectives
  • Monitoring Targets and Reference Levels in Practice
  • Sensitivity of Country Rankings to the Choice of Weights for Individual Target Indicators
  • Conclusions
  • References
  • Transparency in Bankruptcy Law: A Perspective on Bankruptcy costs across Europe
  • Introduction
  • Bankruptcy Systems and Their Potential Costs
  • Bankruptcy Codes across Europe
  • Costs Relevant to Different Codes and Their Relative Magnitude
  • Recent Reform
  • References
  • Economic Growth and the Governance of the financial sector in the EU: What role for Regulatory Transparency?
  • Introduction
  • The Role of Governance in Determining Growth Outcomes
  • The Need for Regulatory Transparency in an Age of Global and Regional Integration
  • Transparency in the New EU Financial Regulatory-Supervisory Framework
  • Vertical and Horizontal Transparency in EU Financial Regulation
  • Conclusion
  • References
  • Bank Insolvency Procedures and Market Discipline in European Banking
  • Introduction
  • The Role of Market Discipline and Insolvency Proceduresđ
  • Distress Resolution Procedures in Europe
  • Testing for the Relationship between Credibility of Non-insurance and Market Discipline
  • Data
  • Empirical Results for the Probability of Banking Crisis and Explicit Deposit Insurance
  • Concluding Remarks
  • References
  • Legal Determinants of the Return on Equity£
  • Introduction
  • The Model
  • Stock Market Returns and Legal Variables
  • Dividend Yields and Legal Variables
  • Concluding Remarks
  • Acknowledgments
  • References
  • The European Adoption of Inter.