Showing 1 - 10 of 20
consortia. Interestingly, we find that mandatory disclosure of audit fees could guarantee honest behavior, in equilibrium, for … that audit fees lie in a range which removes incentives to cheat for the auditor and his clients. Such disclosure would … need to be backed by heavy penalties for false disclosure. We also find that while firm-hired intermediaries have a non …
Persistent link: https://www.econbiz.de/10009363786
In this paper we explore the role of the static, selection and dynamic corporate governance changes on performance of commercial banks. We use stochastic cost frontier and panel data methods for an unbalanced panel data of Pakistani banks from 1991 to 2005. We find overall bank cost inefficiency...
Persistent link: https://www.econbiz.de/10009363274
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
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 study examines business groups and their impact on corporate governance in Pakistan. We use non-financial firms listed on the Karachi Stock Exchange of Pakistan for 1998-2002 periods in order to select group and non-group samples. Our analysis find that group firms have higher...
Persistent link: https://www.econbiz.de/10009363288
categories : such as board composition, ownership and shareholdings and transparency, disclosure and auditing. The sample …
Persistent link: https://www.econbiz.de/10009363300
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
entrepreneurship. Credible auditing could create efficiency gains. We propose mandatory disclosure of audit fees and an interpretation …
Persistent link: https://www.econbiz.de/10009363764
The phenomenon of interlocking directorates is widespread among corporate across the world. This paper studies the structure and extent of interlocking directorates within Indian business groups and analyses the performance effects of such interlocks. It finds that large groups tend to have more...
Persistent link: https://www.econbiz.de/10009363776
Our paper examines the origins, growth, and the development of accounting practices and disclosures in Pakistan and the factors that influenced them. We traced the early days of accounting in the Indian subcontinent and the British colonial influence over the accounting of newly independent...
Persistent link: https://www.econbiz.de/10009363993