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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 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
Ownership, and Disclosures and Transparency for a sample of 50 firms. The results indicate that corporate governance does matter … enhance firm performance, whereas disclosure and transparency has no significant effect on firm performance. We point out that … management practices can not be covered with transparent disclosures and transparency standards. …
Persistent link: https://www.econbiz.de/10009363281
. This development has improved the transparency and accountability of the banking sector because these countries focused on …
Persistent link: https://www.econbiz.de/10009363283
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 …
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
more rigorously for ensuring greater accountability of the regulatory actions as well as improving regulatory transparency. …
Persistent link: https://www.econbiz.de/10009363322
We examine self-enforcing honesty in firm-investor relations in an imperfect public information game. Minimum firm size requirements and moral hazard limit ability to raise outside capital, yielding a floor on personal wealth required to enter entrepreneurship. Credible auditing could create...
Persistent link: https://www.econbiz.de/10009363764