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Institutional Investors and the Language of Finance: The Global Metrics of Market Performance.

Abstract:

With the collapse of the TMT bubble and a number of high-profile scandals of corporate governance around the world, the language of finance is being re-written to include market inefficiency. Not surprisingly, there is an increasing premium on market information - national and international. As a consequence, the argument in favour of global standards has gained force, encouraged by new institutions such as the IASB. Co-existence of reporting standards seems a most unlikely prospect just as h...

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Volume:
WPG 05-05
Series:
Working Papers in Employment, Work and Finance
Publication date:
2005-01-01
URN:
uuid:89872a6d-8abf-42e0-886f-e37b3abd763d
Local pid:
oai:economics.ouls.ox.ac.uk:12406
Language:
English

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