Law and regulation are becoming increasingly important in any discourse involving the Islamic financial services industry. This important aspect comprises both the legal and Sharīʿah aspects from the pre-contract stage up to the post-execution phase, and even post-contract termination
phase.
Emerging Issues in Islamic Finance Law and Practice in Malaysia focuses on emerging legal, SharÄ«‘ah and regulatory issues in the Islamic finance industry in Malaysia. Through the lens of the Malaysian legal framework, financial experts Umar A. Oseni, M. Kabir Hassan, and Rusni Hassan and
their expert contributors raise and discuss issues that cut across borders and, as such, can be transposed to other Islamic finance jurisdictions. With the different perspectives and approaches adopted by various chapters, Emerging Issues is specifically designed to meet the needs of academics and
practitioners of Islamic finance law to provide general legal and Sharīʿah guidance on the emerging issues identified.
In Emerging Issues, Oseni, Hassan and Hassan provide rigorous research for curious minds who seek to ascertain the position of Islamic law on certain new issues, such as the application of Fintech in Islamic finance and the regulation of digital currencies. Readers will also benefit from the case
studies included, which are based on the Malaysian legal and Sharīʿah framework since Malaysia is generally considered a model for other Islamic finance jurisdictions.
Advances in Financial Economics Volume 19 deals with International Corporate Governance, particularly the role played by boards of directors, internal organization design and governance mechanisms, franchise agreements, the effect of regulation and policy, the market for corporate control, and
strategic alliances.
Research in Finance seeks to provide a collection of quality research articles that reflect the current and primary issues in financial markets. Contributions include finance theory and financial practice, plus accounting issues such as reporting derivatives positions, reflecting intangible
holdings, or predicting financial distress. The volume starts with empirical investigations of the impact from macroeconomic variables upon equity values in emerging economies compared with developed economies. Next is an empirical affirmation of the efficiency of the Midcontinent Independent System
Operator (MISO) electricity exchange. Next we find several investigations into the efficacy of efforts to stimulate the arousal of emerging nations around the world.
Contemporary Issues in Economic and Financial Analysis 99 includes fourteen studies on contemporary issues within governance and regulations by authors invited from various universities and institutions. The chapters are a mix of discussion-based studies and empirical research studies aimed at
understanding particular aspects of governance and regulations. Some refer to a particular country—specifically Malta, Indonesia, and India—and others are more generic and/or European-focused.
These chapters include studies of the following: the challenges of corporate governance in small family-owned firms; a credit institution's perspective for managing conduct risk in the boardroom; the implications of the regulation and governance of financial advice in Europe for the retail financial
advice sector and its consumers; the barriers to the development of Maltese cooperatives; corporate governance and cash holdings in Indian firms; whether good governance fosters trust in the government; the impact of takeover bids on European law and corporate governance; the developments and
outcomes of the reform of the doctrine of “utmost good faith” in the UK; whether corporate decisions in Indonesia are a result of corporate governance requirements; earning management and audit reports; the European deposit insurance scheme; product intervention of supervisory
authorities in financial services; the teaching of financial services regulation; how to link the human element to the risk management process, which is one of the internal control processes in governance of an organisation; and whether the transparency regime on the financial institutions market
really works.
Research in Finance seeks to provide a collection of quality
research articles that reflect the current and primary issues in
financial markets. Contributions include finance theory and financial
practice, plus accounting issues such as reporting derivatives
positions, reflecting intangible holdings, or predicting financial
distress.
The broad theme of this volume of Research in Finance is “Comparing the Influence upon Equity Valuation of Strategy Compared with Cash Flow Expectations.” Contributions assess the strong role of strategy in equity valuation, compared with valuation of expected dividends. We also see new
evidence about the triggers for financial distress in emerging countries.
Investment Behaviour explores the relationship between competing
demographic factors, personal awareness and perceived attitudes to risk in
shaping the behaviour of individual investors in the stock market. Arup Kumar
Sarkar and Tarak Nath Sahu analyse the suitability of using Behavioural Finance
theories in understanding investor behaviour across developed, developing and
under-developed country contexts and in all types of stock markets. Across an
in-depth study, the authors examine differing variables impacting on behaviour,
give an overview of the empirical and theoretical literature, and also provide an
analysis of the empirical findings of their investigation. The book promotes a
greater understanding the psychological foundations of human behaviour in
financial markets to facilitate the formulation of more individual-centered
financial policy.
Winner of the Book Excellence Awards 2017, Personal Finance category
Given the complex and challenging world of investing, what chance do individuals have navigating the financial minefield and emerging unscathed? Not much, unless they become knowledgeable about investment fundamentals, recognize and correct their mistakes and behavioral biases, and avoid traps
strewn along their path. Investment Traps Exposed guides investors past such potential pitfalls as pyramid and Ponzi schemes to help them become more financially successful.
Investment Traps Exposed helps investors and advisors increase their awareness about the external and internal traps that they or their clients can encounter. Baker and Puttonen not only examine common mistakes, assumptions and deceptions that can ensnare investors, affect sound judgment, and reduce
wealth but also delve into how to recognize and avoid these errors. The authors present practical advice and real-world examples in a user-friendly manner, and also nudge investors to stay on the right course to mitigate misbehaving.
Financial reporting is a strategic means of communication: management has an opportunity to interpret, and the power to deliver, what is materially important to the organization’s stakeholders. Understanding materiality means steering the company in the right direction, and many internal
management battles regarding what and how to disclose in external financial reporting run on the verge of materiality.
This book offers an integrated perspective of materiality from the angles of accounting (IFRS, US GAAP and SEC Rules and Regulations), auditing, internal control over financial reporting, management commentary, financial analysis, management control, forensic analysis, sustainability reporting,
corporate responsibility, assurance standards, integrated reporting, and limited legal considerations.
In Materiality in Financial Reporting: An Integrative Perspective, the author adopts a practical, operational approach to show how strategy, processes, and communication can be used to devise a consistent corporate governance system of materiality.
As long as commodity and securities markets have been in operation, market manipulation has been a serious concern. Now that many electricity and natural gas markets have been opened to competition, manipulation threatens to destroy the value of these markets as well. Yet market manipulation itself
remains ill-defined, with uncertain legal and economic principles operating on both sides of regulatory proceedings.
Andrew N. Kleit’s Modern Energy Market Manipulation offers an in-depth exploration of this crucial gray area. It presents a coherent definition of market manipulation, and drawing upon the substantial available legal evidence, it examines two categories of manipulation cases: those in which
the allegations clearly fit the definition of manipulation but in which the facts of the case are unclear, and conversely, those in which the facts of the case are clear but in which it is uncertain whether they actually constitute manipulation. Throughout his discussions, Professor Kleit casts a
critical eye not only on energy companies but also on the legal decisions and processes at the Federal Energy Regulatory Commission, which acts as both prosecutor and judge in manipulation matters, and which has consistently sided with its own staff and against defendants. As this book deftly shows,
both defendants and prosecutors alike have benefitted from the ambiguities at the heart of existing definitions of market manipulation.
Modern Energy Market Manipulation is essential reading for regulators, jurists, litigants, and business managers, and it is of interest to anyone who wants to learn about the enforcement mechanisms of federal regulators.
Economic, social and political disruption, financial recession, international migration and rapid technological advancements have produced major changes throughout the world regarding the availability and access to knowledge, human communication, social relationships, learning and education. As
socioeconomic, sociodemographic and sociocultural conditions are constantly changing in parallel with rapid scientific and technological progress, learning environments are also evolving. The increased complexity of educational processes calls for new research and theoretical inquiry to address how
these global changes affect education, schools and academic learning. This volume in the Advances in Motivation and Achievement Series is dedicated to the role of motivation in that process. The fundamental assumption of the volume is that, on the one hand, change and challenge have a significant
impact on students’ and educators’ motivation to learn and achieve and, on the other hand, motivation can have a significant impact on students’ and educators’ capacity to cope with change and challenge effectively.
This book opens up a dialogue on how to support achievement motivation in challenging times as a means for successful academic trajectories and positive adaptation to school. Internationally leading researchers provide a critical understanding of the role of current motivational theories during
unsettling times, discuss a number of challenges affecting motivation in education, and indicate potential implications of motivational theory and research for educational practice.