Financial Systems, Markets and Institutional Changes

1. Front Matter

   Pages i-xvii

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2. Institutional Change and the Design of Financial Systems

   • Ted Lindblom, Stefan Sjögren, Magnus Willesson

   Pages 1-8

3. The Road to a Viable Euro Zone and the Preconditions for Becoming a More Optimal Currency Region

   • René W. H. van der Linden

   Pages 9-42

4. Gross Imbalances, Liquidity Shortage and the Role of the Federal Reserve

   • Pierluigi Morelli, Giovanni B. Pittaluga, Elena Seghezza

   Pages 43-60

5. Firm-based and Institutional-based Determinants of the Bank Debt Maturity: New Evidence for Developed Countries

   • Eleuterio Vallelado, Paolo Saona, Pablo San Martín

   Pages 61-79

6. The Financing of Italian Firms and the Credit Crunch: Findings and Exit Strategies

   • Elisabetta Gualandri, Valeria Venturelli

   Pages 80-109

7. Does the Team Manager Earn More than His Coached Players? Analysis of the Earnings of Italian Asset Management Companies, and their Portfolio Companies, in the Field of Private Equity

   • Elisa Giaretta, Giusy Chesini

   Pages 110-131

8. Does ‘Political Bias’ Undermine the Korea Investment Corporation?

   • Andrea Paltrinieri, Flavio Pichler, Stefano Miani

   Pages 132-151

9. Regulating High-frequency Trading: An Examination of European, US and Australian Equity Market Structures

   • Giusy Chesini, Elisa Giaretta

   Pages 152-187

10. Islamic and Conventional Exchanges: A Performance Analysis and Governance Perspectives

    • Josanco Floreani, Andrea Paltrinieri, Maurizio Polato, Flavio Pichler

    Pages 188-216

11. Back Matter

    Pages 217-232

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This book analyses how the financial system adjusts to institutional changes such as new technology, political tendencies, cultural differences, new business models, and government interactions. It emphasises how different institutional settings affect firms' borrowing and increases our understanding of how efficient financial markets are formed.

• asset management
• bank
• financial market
• financial markets
• investment
• Portfolio
• private equity
• trading
• banking
• investments and securities

• University of Gothenburg, Sweden

  Ted Lindblom, Stefan Sjögren

• Linnaeus University, Sweden

  Magnus Willesson

Giusy Chesini, University of Verona, Italy Josanco Floreani, University of Udine, Italy Elisa Giaretta, University of Verona, Italy Elisabetta Gualandri, University of Modena and Reggio Emilia, Italy René W.H. van der Linden, In Holland University of Applied Sciences, the Netherlands Stefano Miani, University of Udine, Italy Pierluigi Morelli, Italian Bank Association, Italy Andrea Paltrinieri, University of Verona, Italy Flavio Pichler, University of Verona, Italy Giovanni B. Pittaluga, Genoa University, Italy Maurizio Polato, University of Venice, Italy Pablo San Martín, Universidad Católica de la Santísima Concepción, Chile Paolo Saona, Saint Louis University's Madrid Campus, Spain Elena Seghezza, Genoa University, Italy Eleuterio Vallelado, University of Valladolid, Spain Valeria Venturelli, University of Modena and Reggio Emilia, Italy

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