Money laundering can be defined, generally, as the process of concealing the existence,
illegal source, or application of income derived from a criminal activity, and the subsequent …

This study examines the average abnormal returns, average abnormal trading volume, and
reported insider trading of corporate control target firms during a period of possibly informed …

… Zdanowicz … Zdanowicz (zdanowic@fiu.edu) is a professor of Finance at Florida
International University, the former director of the Center for Banking and Financial …

… In order to detect abnormal international trade prices, which may be related to capital flight,
Zdanowicz and Pak, together with Sullivan, Zanakis and de Boyrie, have presented in their …

The objective of this research is to determine the impact of Switzerland's money laundering
law on the movement of money through false invoicing in international trade. This study …

Presents a statistical auditing system which gives a methodology for statistical analysis of
international trade prices. Discusses how this can help governments and international lending …

Diversification return is the amount by which the geometric mean return (ie, average
compounded return) of a portfolio exceeds the weighted average of the geometric means of the …

… Pak and Zdanowicz (1994) found $33 billion in tax losses attributable to overinvoiced imports
… Pak, SJ, JS Zdanowicz. 1994a. An estimate of lost US federal income tax revenues due to …

… Pak and Zdanowicz (1994a) found significant US tax losses due to over-invoiced imports …
reported to the US Customs Service (Pak and Zdanowicz 1994b). A global price matrix for India’…

1 5.49 9.23 3 3.34 5.84 5 2.61 4.66 7 2.22 4.01 10 1.88 3.40 15 1.54 2.80 20 1.34 2.44 30
1.10 2.02 45 0.90 1.65 65 0.75 1.39 100 0.60 1.13 sults. It is the interpretation of these results …