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Economics

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On reform intensity under uncertainty

Article Abstract:

A model has been cited effectual in analysing the effects of radical reform on government institutions and business enterprises in the context of stochastic processes. The proposed framework, which possess Ito components, has been designed such that policy reforms result in relative returns. Results suggest that government institutions which resort to radical reforms may yield optimal results. This principle can be translated to a mathematical approach in order to address various organizational and commercial issues regarding sudden change of activities.

Economics, Research and Development in the Social Sciences and Humanities, Models, Management, Economic research, Business enterprises, Political reform

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Cronyism and capital controls: evidence from Malaysia

Article Abstract:

During the Asian financial crisis in Malaysia, the politically connected firms which accounted a $60 billion loss in market value from July 1997 to August 1998, netted a $5 billion gain in market value in September 1998, after the Deputy Prime Minister was fired by the Prime Minister, Mahathir. This leads to the conclusion, that Malaysian capital controls provided a screen, behind which, favored firms could be supported.

Malaysia, Economic aspects, Financial crises

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The timing and terms of mergers motivated by economies of scale

Article Abstract:

Economic expansion has resulted in an increase in merger activities whereas during economic recession merger activities have declined. During a merger, the acquirer and the acquiree analyze the returns from the merger as well as the timing of restructuring, which is not the case during a hostile takeover.

United States, Market timing

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