scholarly journals CO2 Emission trade in the European Union and Hungary

2007 ◽  
pp. 198-203
Author(s):  
Nikolett Szőllősi ◽  
Csaba Juhász ◽  
János Tamás
Keyword(s):  
European Union ◽  
Environmental Policy ◽  
Environmental Economic ◽  
Electronic Commerce ◽  
Co2 Emission ◽  
Stock Exchange ◽  
The European Union ◽  
Economic Methods ◽  
Different Types ◽  
Emission Of Greenhouse Gases

The environmental policy of the European Union focuses on decreasing emission of greenhouse gases. However there is no knowledge about the effect and the operation of the environmental economic methods which could efficiently influence this process. Therefore, practical emission trade was investigated. Recently, the commerce of AUEs started to change in Hungary, as well. Most transactions are made by a broker. Electronic commerce, which can be made with or without a broker, is spreading. The benefit of this form is that it is simple and cheap, in spite of the entrance fee of the stock exchange. This study could help to utilize carbon quotas in different types of commerce.

Aspects Regarding the Structure of the Financial Audit Market in the European Union from Fees Perspective

2021 ◽  
Vol 19 (164) ◽  
pp. 724-742
Author(s):  
Ovidiu Constantin Bunget ◽  
Alin-Constantin Dumitrescu ◽  
Rodica Gabriela Blidisel ◽  
Oana Alina Bogdan ◽  
Valentin Burca ◽  
...  
Keyword(s):  
European Union ◽  
Financial Reporting ◽  
Stock Exchange ◽  
The European Union ◽  
Data Set ◽  
Audit Market ◽  
Audit Firms ◽  
Financial Audit ◽  
The One ◽  
Non Audit Services

The audit market, developed out of the need to strengthen the credibility and the quality of financial reporting, has led since the 1980s to a concentration around large audit firms, the dominance effect being marked on the one hand by the auditor’s increasing reputation and notoriety, and on the other hand by the client’s association with a reputed auditor, which contributes to improving the company’s image on the market. In this context, a major issue is represented by the level of the fees charged, as they represent key elements that may affect the auditor’s independence. Moreover, a sensitive aspect is the relationship between the fee charged for financial audit services and the one for non-audit services and the compensation practices between them. The European Commission wants to facilitate competition in an overly concentrated market and also provide the opportunity for small and medium-sized audit firms to become active players in the large corporate audit market through joint audit, in which at least one of the audit firms is not part of the Big4 group. The mandatory audit firm rotation and the limitation on the non-audit services provided are the main aspects of the recent audit reform that directly influences the fee level. The main purpose of this study is to analyse whether there is a pattern of audit costs at the community level. In this context, this paper aims to assess the uniformity of audit costs, namely to determine the structure of the audit market in the European Union. The research involves data set comparison methods, by analysing a sample of 2,896 firms listed on the stock exchange in 35 different states over the period 2013-2021.

2 Parties and Group Litigation

2019 ◽  
Author(s):  
Brealey Mark ◽  
George Kyla
Keyword(s):  
European Union ◽  
The European Union ◽  
High Court ◽  
Different Types ◽  
Parent Companies ◽  
The Way

This chapter discusses the special considerations that apply to identifying the relevant parties in competition litigation as well as the way that claimants may group together to commence collective proceedings. It first explains private actions in the High Court, with emphasis on the nature of claimant and defendant. It considers the category of claimant under Articles 101 and 102 of the Treaty on the Functioning of the European Union (TFEU) and under the Competition Act 1998, along with the concept of ‘undertaking’, parent companies, subsidiary companies, and sister companies in relation to the defendants. The chapter also examines representative actions in the High Court during group litigation, collective proceedings in the Competition Appeal Tribunal (CAT), and settlement of collective proceedings. Different types of collective settlement are highlighted.

Part VI Actors, Ch.37 Regional Organizations the European Union

2021 ◽  
Author(s):  
Maljean-Dubois Sandrine
Keyword(s):  
European Union ◽  
Environmental Policy ◽  
Environmental Law ◽  
General Question ◽  
The European Union ◽  
International Treaties ◽  
International Environmental Law ◽  
Regional Organizations ◽  
Environmental Negotiations ◽  
The Eu

This chapter addresses the European Union (EU) as a preeminent example of a regional organization and its role in international environmental law. It first examines the progressive affirmation of EU competence in the environmental field and its development of a distinctive environmental policy. The chapter then turns to the external dimension of EU environmental competence, discussing the EU's participation in and enforcement of international environmental law, as well as the general question of whether the EU can be said to have an external environmental policy. The EU internal environmental policy expands on the international stage. Even if it lacks the internal structures and resources fully and effectively to assume a role as a global environmental leader, the EU participates in environmental negotiations, concludes and implements international treaties, and exercises its ‘soft power’ to promote the development and implementation of international environmental law. The chapter concludes with some brief reflections on other regional organizations and their distinctions from the largely sui generis EU example.

13. Environmental Policy

2020 ◽  
pp. 297-320
Author(s):  
Andrea Lenschow
Keyword(s):  
European Union ◽  
Environmental Policy ◽  
Interest Groups ◽  
Policy Making ◽  
Policy Coordination ◽  
Historical Evolution ◽  
The European Union ◽  
Policy Makers ◽  
Environmental Interest Groups ◽  
The Eu

This chapter focuses on the European Union’s environmental policy, the development of which was characterized by institutional deepening and the substantial expansion of environmental issues covered by EU decisions and regulations. Environmental policy presents a host of challenges for policy-makers, including the choice of appropriate instruments, improvement of implementation performance, and better policy coordination at all levels of policy-making. The chapter points to the continuing adaptations that have been made in these areas. It first considers the historical evolution of environmental policy in the EU before discussing the main actors in EU environmental policy-making, namely: the European Commission, the Council of the European Union, the European Parliament, the Court of Justice of the European Union, and environmental interest groups. The chapter also looks at the EU as an international actor.

Part VIII International Institutional Law, Ch.45 Membership and Representation

2016 ◽  
Author(s):  
Mathias Stephen ◽  
Trengove Stadler
Keyword(s):  
European Union ◽  
United Nations ◽  
International Organizations ◽  
Geographic Area ◽  
Legal Framework ◽  
African Union ◽  
The European Union ◽  
Different Types ◽  
Technical Function ◽  
The United Nations

This chapter explains the membership practices in international organizations (IOs). It focuses on criteria for membership, rights and obligations of membership, suspension, expulsion, and withdrawal. In addition to setting out the legal criteria in an international organization's constitutive treaty relating to membership, it also discusses how these criteria have been applied in practice and how decisions that are political in nature have been made within the established institutional and legal framework. The chapter focuses on three different types of IOs: the universal, represented by the United Nations (UN); the regional, such as the European Union (EU) and African Union (AU), where membership is restricted to countries from a particular geographic area; and the specialized agencies which, while fulfilling a limited and technical function, are often open to universal membership.

23. Freedom of Establishment and to Provide Services

EU Law ◽  
2020 ◽  
pp. 832-888
Author(s):  
Paul Craig ◽  
Gráinne de Búrca
Keyword(s):  
European Union ◽  
Electronic Commerce ◽  
Financial Services ◽  
Case Law ◽  
Economic Interest ◽  
The European Union ◽  
Freedom Of Establishment ◽  
Provision Of Services ◽  
General Economic Interest ◽  
The Uk

All books in this flagship series contain carefully selected substantial extracts from key cases, legislation, and academic debate, providing students with a stand-alone resource. The Treaty on the Functioning of the European Union (TFEU) has two separate chapters on self-employed persons who move on a permanent or temporary basis between Member States: the chapters on freedom of establishment and freedom to provide services. The central principles governing freedom of establishment and the free movement of services are laid down in the TFEU and have been developed through case law. Important developments have also been brought about through secondary legislation in sectors such as insurance, broadcasting, financial services, electronic commerce, telecommunications, and other ‘services of general economic interest’. This chapter focuses on the broad constitutional principles applicable to every sector. The UK version contains a further section analysing issues concerning freedom of establishment and the provision of services between the EU and the UK post-Brexit.

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