Action Areas for International Finance

TASK

Developed over half a century ago, event study is a research method that continues to gain popularity and acceptance as an important tool in the field of finance. In recent years, event studies have evaluated the impact of corporate, regulatory changes, and macroeconomic shocks on stock prices for a single country (usually the U.S.). In the context of action areas for international finance:

First, discuss how diversity, equity and inclusion are correlated with business performance.

Then, discuss the reason that efforts in this area do not seem to result in better representation that contributes to equity in society.

Next, discuss how the increasing number of global events (e.g., COVID-19 pandemic, Brexit, and the Paris and Trans-Pacific Partnership agreements) have impacted corporate initiatives (e.g., mergers and acquisitions, equity and debt issuance, dividends and repurchases, corporate restructuring), regulatory changes (e.g., board reform, compensation, changes in taxation, workplace safety), and how advocacy networks socialize international financial institutions.

Lastly, address in your discussion the IMF adopted discourse linking macroeconomic stability and gender inequality, and how this has resulted in international economic regulation consisting of written rules and the practices and ideas of economic actors.