The risks of competition
Article Abstract:
Potential problems accompany the new opportunities promised by the European Community's (EC) move to implement the UK's principle of free competition in the insurance industry within the imminent single European market. As per the EC's framework directive, national goverments will be prescribed to require prior approval of most premium insurance rates and policy conditions. This will cultivate a competitive culture within the unified European insurance, in which insurers who are not familiar with competition may push rates down to absurd levels. Except for the UK, all member countries of the EC do not encourage price competitiveness within their insurance sectors. Likewise void of price competition are some of th world's biggest insurance industries, such as that of Japan. Evidence suggests that price competition in the UK is draining its insurance industry of vital capital.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1992
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Corporate de-listing: getting away from it all?
Article Abstract:
Corporate de-listing is when a public company reverts to being a private company, a current trend in the UK. Sometimes companies want to follow procedures and activities that may not be supported by the investing public. The marketplace often emphasizes fast results, ignoring the long-term health of a company. Other times, investors do not understand the activities of highly technical companies. De-listing makes sense to some companies when faced with the prospect of institutional investors who currently dominate the market. Institutions often focus on short-term results and have little understanding of the market. When institutions compete with each other for shares, they can cause the market to be unsteady.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1988
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Investing in global equities
Article Abstract:
Investors are increasingly looking at the entire globe for potentially profitable investments. More countries have markets, foreign markets are more stable than in the past and accounting standards are better. A significant force in the field of international investing is the equities of companies that do business globally; the development of internationally owned and traded stocks is linking national stock exchanges into a worldwide network.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1986
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- Abstracts: The integration of insurance and taxes in corporate pension strategy. An economic analysis of interest rate swaps
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