Showing 1 - 10 of 22
model suggesting that firm performance is not affected by rule of law in countries where legal environment is weak. These …
Persistent link: https://www.econbiz.de/10009363300
We analyze the role of debt in corporate governance with respect to a large emerging economy, India, where debt has been an important source of external finance. First, we examine the extent to which debt acts as a disciplining device in those corporations where potential for over investment is...
Persistent link: https://www.econbiz.de/10009365427
shareholders perceive firms affiliated with business groups to have relatively lower transparency and weaker corporate governance … that investors view the business-group as a mechanism to expropriate minority shareholders. On the other hand, the … comparative financial performance results suggest that business groups in Pakistan are efficient economic arrangements that …
Persistent link: https://www.econbiz.de/10009363288
-level performance in a cross-section of companies listed at Karachi Stock Exchange. Therefore, we analysed the relationship between firm … enhance firm performance, whereas disclosure and transparency has no significant effect on firm performance. We point out that …
Persistent link: https://www.econbiz.de/10009363281
Is the harmonization of financial regulatory regimes possible in East Asia? Focusing on corporate governance, which many see as a critical part of the 1997 Asian financial crisis, and which is also seen as unresponsive to calls for change, this paper argues that such harmonization is possible,...
Persistent link: https://www.econbiz.de/10009653146
Is the harmonization of financial regulatory regimes possible in East Asia? Focusing on corporate governance, which many see as a critical part of the 1997 Asian financial crisis, and which is also seen as unresponsive to calls for change, this paper argues that such harmonization is possible,...
Persistent link: https://www.econbiz.de/10009653193
Is the harmonization of financial regulatory regimes possible in East Asia? Focusing on corporate governance, which many see as a critical part of the 1997 Asian financial crisis, and which is also seen as unresponsive to calls for change, this paper argues that such harmonization is possible,...
Persistent link: https://www.econbiz.de/10009653214
In this paper we explore the role of the static, selection and dynamic corporate governance changes on performance of …-term efficiency losses, but their performance generally improves over time when these banks adjust and adapt to the new competitive …
Persistent link: https://www.econbiz.de/10009363274
The emerging economies in the South Asian region have embarked on a bold reform process to develop the banking sector. This development has improved the transparency and accountability of the banking sector because these countries focused on best practice corporate governance for banks. In view...
Persistent link: https://www.econbiz.de/10009363283
This paper attempts to analyze the Corporate Governance Code 2002 in the light of Regulatory Impact Assessment (RIA) framework and its enforcement and application in Pakistan in order to understand the dynamics of public decisionmaking and assess the efficacy of the regulation policy of SECP in...
Persistent link: https://www.econbiz.de/10009363322