Table 1 presents a summary of the SRI screens used by ethical funds around the world. Usually, SRI mutual funds apply a combination of the various types of screens. 64% of all socially screened mutual funds in the United States use more than five screens, while 18% of SRI funds use only one social By Luc Renneboog
The burden of corporate taxation obviously influences the volume and location of foreign direct investment (FDI) for the simple reason that it determines after tax returns from investment. In a globalize world economy with footloose investment, multinational enterprises have the capacity to shift By Graeme Leach
treaty to harmonize its laws with EU directives 2005/36 and 1999/42, on the mutualrecognition of EU and EEA university and professional diplomas. Liechtenstein is also part of the EU fund on research and technology, and is entitled to participate in EU projects and subsidies.
As the key plank of the European Commission’s Financial Services Action Plan, MiFID’s 42 measures bring significant changes to how EU financial service markets operate. Whereas previous EU financial service legislation focused on “minimum harmonization and mutualrecognition,” MiFID’s “maximum harmonization” principle places emphasis on home state supervision within a level playing field