Suchergebnisse

Nuevo Leon plans more than US$1 billion for infrastructure upgrading, with ample opportunities for foreign investment. Monterrey and Nuevo Leon already offer excellent infrastructure, with good highway and rail connections to the U.S. market and impressive urban development. Now investments of up to US$2 billion will provide a new Metro (subway) line, highway upgrades, improved health facilities and a major expansion of the water supply, with significant opportunities for Mexican and international companies. Adapted from the source document.

Introduction / Mavluda Sattorova and Jean Ho -- International law's opportunities for investor accountability / Jean Ho -- The foreign investor as a good citizen : investor obligations to do good / Mavluda Sattorova -- Investors' international law and its asymmetries : the case of local communities / Lorenzo Cotula and Nicolás M Perrone -- From risk to rights : reorienting the paradigms at the heart of corporate legal form and investment treaty standards in foreign investment governance / Anil Yilmaz Vastardis -- Investor obligations in investment treaties : missing text or a matter of application? / Prabhash Ranjan -- The role of soft law corporate responsibilities in defining investor obligations in international investment agreements / Barnali Choudhury -- Responding to investor misconduct : the line between lawful and unlawful responses and apportionment in cases of unlawful responses / Martin Andrew Jarrett -- Counterclaims in investment arbitration : is the host state the right claimant? / Tomoko Ishikawa -- Applying international law to corporations : the limits to the lessons offered by the United States experience with the Alien Tort Statute / Lucas Roorda and Julian G Ku -- Investor obligations amid armed conflict / Jure Zrilič -- Mapping investors' environmental commitments and obligations / Priscila Pereira de Andrade and Nitish Monebhurrun -- Elevating corruption to an international tort / Jose Daniel Amado, Jackson Shaw Kern and Martin Doe Rodriguez -- Conclusion : investors' international law : beyond the present / Surya Deva.

"We use mutual fund manager data from the technology bubble to examine the hypothesis that inexperienced investors play a role in the formation of asset price bubbles. Using age as a proxy for managers' investment experience, we find that around the peak of the technology bubble, mutual funds run by younger managers are more heavily invested in technology stocks, relative to their style benchmarks, than their older colleagues. Furthermore, young managers, but not old managers, exhibit trend-chasing behavior in their technology stock investments. As a result, young managers increase their technology holdings during the run-up, and decrease them during the downturn. Both results are in line with the behavior of inexperienced investors in experimental asset markets. The economic significance of young managers' actions is amplified by large inflows into their funds prior to the peak in technology stock prices"--National Bureau of Economic Research web site