transition countries to test this claim. We find that increases in shareholder protection contribute to stock market growth in …

Fund managers are the primary investment decision-makers in the stock market, and corporate executives are their … primary sources of information. Meetings between the two are therefore central to stock market investment decisions but are … favour of CFOs). This leads the former to seek to control encounters with the latter and to place great store on the clarity …

. Furthermore it examines the relationship between legal changes and stock market development. It casts serious doubt on the claim … that common-law countries have better shareholder protection which in turn leads to more stock market development. …

, however, that civil law origin was not much of an obstacle to convergence around this model, since civilian systems were … increased shareholder protection and stock market devel-opment, using a number of measures such as stock market capitalisation …-run impact of legal change on stock market development. This finding is incompatible with the claim that legal origin affects the …

Issues in corporate governance develop according to an identifiable process. Using the influence model of Jones and …

Outlines a model of how ethical issues develop over time using an ethical issue life cycle with three phases …. Illustrates the model with reference to ethical issues currently facing UK boards of directors, and uses the Bible to further … develop the model to suggest how company boards might respond to ethical issues as they progress. …