2018
DOI: 10.1016/j.jimonfin.2018.03.017
|View full text |Cite
|
Sign up to set email alerts
|

Market standards in financial contracting: The Euro’s effect on debt securities

Abstract: a b s t r a c tThe introduction of the Euro ushered in a rise to dominance of English contract law in European debt securities. Corporate issuers in the Euro zone chose English law significantly more often than a control group from other European countries. The Euro effect on choice of law is particularly strong for debt securities in local markets that, arguably, were most affected by the Euro. The Euro effect is not explained by differences in the suitability of English law compared to other laws, a change i… Show more

Help me understand this report
View preprint versions

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1

Citation Types

0
2
0

Year Published

2021
2021
2023
2023

Publication Types

Select...
2

Relationship

1
1

Authors

Journals

citations
Cited by 2 publications
(2 citation statements)
references
References 41 publications
0
2
0
Order By: Relevance
“…The article [10] systematizes the trends in the field of financial technologies that create opportunities for strengthening the financial security of the state. The work [11] is devoted to the influence of the euro on debt securities and the provision of financial security of states, and work [12] analyzes the system of self-regulation in the field of finance, evaluates the possibilities of technological advances as the basis of financial security. Thus, in [13], a polynomial algorithm for extrapolating the parameters of stochastic systems is presented.…”
Section: Results Of Substantiating the Structure And System Of Parameters Included In The Doctrinal Model Of State Financial Security Manmentioning
confidence: 99%
“…The article [10] systematizes the trends in the field of financial technologies that create opportunities for strengthening the financial security of the state. The work [11] is devoted to the influence of the euro on debt securities and the provision of financial security of states, and work [12] analyzes the system of self-regulation in the field of finance, evaluates the possibilities of technological advances as the basis of financial security. Thus, in [13], a polynomial algorithm for extrapolating the parameters of stochastic systems is presented.…”
Section: Results Of Substantiating the Structure And System Of Parameters Included In The Doctrinal Model Of State Financial Security Manmentioning
confidence: 99%
“…This would perhaps only be the case if professional market participants make privacy statements easily comparable and accessible to a broad public. Even in such a scenario, an inferior standard could also prevail if network effects support the demand for a common, potentially inferior standard agreement (Engert & Hornuf, 2018).…”
Section: Discussionmentioning
confidence: 99%