Over the past decade there have been a number of significant developments in financial economics, and major contributions have been made both by individuals who could be classified as conventional financial economists and by others who do not fit easily into this category - theoretical microeconomists, public and industrial economists. This volume contains a selection from the papers presented at a conference in Oxford in September 1985 which aimed to bring together a number of the leading participants in this field. The papers in the volume cover a wide range of topics - Summers on the efficiency of financial markets; Heinkel and Schwartz, and Asquith and Mullins on new equity issues; Green and Talmor on asymmetric corporate taxation and investment; Stiglitz and Weiss on credit rationing; Anderlini on the foundations of banking theory; and Alworth, and Cooper and Kaplanis on aspects of international investment - but they clearly reflect the main themes in financial economics at present: the importance of informational asymmetries and of taxation.

This book was originally published in 1986. During the decade preceding publication there were a number of significant developments in financial economics and major contributions made both by individuals who could be classified as conventional financial economists and by others who do not fit easily into this category - theoretical microeconomists, public and industrial economists. This volume contains a selection from the papers presented at a conference in Oxford in September 1985 which aimed to bring together a number of the leading participants in this field. The papers in the volume cover a wide range of topics - the efficiency of financial markets, new equity issues, asymmetric corporate taxation and investment, credit rationing, international investment, the foundations of banking theory - but they clearly reflect the main themes in financial economics at the time: the importance of informational asymmetries and of taxation.

This book analyses the widely-held view of the merits of the 'bank-based' German system of finance for investment, and shows that this view is not supported by evidence from the post-war period. The institutional features of the German system are such that universal banks have control of voting rights at shareholders' meetings due to proxy votes, and they also have representation on companies' supervisory boards. These features are claimed to have two main benefits. One is that the German system reduces asymmetric information problems, enabling banks to supply more external finance to firms at a lower cost, and thus increasing investment. The other is that German banks are able to mould and control managements of firms on behalf of shareholders, and thus ensure that firms are run efficiently. This book assesses whether empirical evidence backs up these claims, and shows that the merits of the German system are largely myths.

This book is my very first. Hopefully it is one of many. It is a collection of some of my best poems and short stories that I have written over the years. Please enjoy.

The year is 1934, and amiable New York gag writer Artie Plask has taken the West Coast plunge. His first day on staff with a top radio show introduces him to the irresistible Mariel Fenton, a wit among wits who immediately takes an interest in all aspects of Artie's life--especially his private life. As Artie finds his feet in a world of blustering comedians, pansexual sex goddesses, timid screen legends, exhibitionistic scriptwriters, and self-infatuated geniuses, Mariel leads him on a zany journey up and down the pleasure dial--a giddy romp through Hollywood that's chock-full of airwaves showdowns, writing-room counterplots, devious impersonations, naked meetings, and a sensuality-drenched assortment of erotic escapades.

Gay themed rom-com that follows the lives and loves of a group of metrosexual males. Sick of his life as a TV producer, Harry (James Lance) would sooner leaver it all behind and travel the globe, though he's currently in a relationship with struggling actor Alex (Luke de Woolfson). Meanwhile, William (Rocky Marshall) is finding it hard letting his new love interest Lawrence (Leon Ockenden) into his life, especially as his nine-year old daughter keeps throwing a spanner in the works. Finally, successful artist Tom (David Morris) is quite happy to provide for occasional model Lars (Benjamin Hart) just as long as he can keep him interested, even if there are a few betrayals along the way.