guidelines. The paper focuses mainly on the general size and structure of the funds, the investment framework and the governance … of the funds. The internal management of the funds appears to be strong, with governance and risk management structures …

place internal and external governance mechanisms and investment controls to ensure the sound management of these funds and … pension fund governance and investment management. In particular, the requirements of accountability, suitability and … transparency are broadly met by these reserve funds. However, some specific details of the funds’ governance and investment …

national objectives. These funds have raised concerns about: (i) financial stability, (ii) corporate governance and (iii … of portfolios that increase risk. Enhancing governance and transparency of SWFs is important, but such considerations …

Good governance is increasingly recognized as an important aspect of an efficient private pension system, enhancing … investment performance and benefit security. Yet, despite regulatory and industry initiatives, governance weaknesses persist … across OECD and non-OECD countries. This paper highlights the main governance challenges faced by policymakers (particularly …

into account the specific governance context in which pension funds are situated. The aim of this research is, first, to …

consumption of richer households by 6.1 to 9.2 percent. We also find suggestive evidence that governance matters in the …

properly designed - leniency may simultaneously provide an effective governance mechanism for occasional sequential illegal …

reciprocal exchange to lifetime employment, from relational governance to corruption/collusion. We study how agents …