We investigated whether differences in quality of firm-level corporate governance can explain the firm-level performance in a cross-section of companies listed at Karachi Stock Exchange. Therefore, we analysed the relationship between firm-level value as measured by Tobins Q and total Corporate...

The literature on multivariate stochastic volatility (MSV) models has developed significantly over the last few years. This paper reviews the substantial literature on specification, estimation and evaluation of MSV models. A wide range of MSV models is presented according to various categories,...

The paper briefly sets out factors behind Chinese demand for iron ore imports and the main features of China’s medium term resource consumption growth path. It then outlines the potential of major iron ore export countries to meet China’s medium term iron ore import demands. The...