improving corporate governance would help unlock corporate savings. The main policy implication of our analysis is that … comprehensive corporate governance reform should be a key component of Japan’s growth strategy. …

Sound corporate governance is essential for a well-functioning banking system and the integrity of financial markets …. The paper discusses the corporate governance of Italian banks, its regulatory framework, and the specific challenges … improving their corporate governance, more needs to be done. In this regard, further improvements should include: (i …

protection and corporate governance. Comissão do Mercado de Valores Mobiliários (CMVM) is the regulator in charge on ensuring … compliance with disclosure issues as well as the corporate governance framework. It has also participated in the creation of a …

This study reviews selected issues on investor protection and corporate governance in Australia, and concludes that the … corporate governance framework for Australian-listed companies is largely healthy and dynamic. Shareholder activism is an … important element of corporate governance because it promotes compliance and implementation of disclosure and corporate …

We develop and test the hypothesis that foreign direct investment promotes corporate governance spillovers in the host … country. Using firm-level data on cross-border mergers and acquisitions (M&A) and corporate governance in 22 countries, we … find that cross-border M&As are associated with subsequent improvements in the governance, valuation, and productivity of …

This paper presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations … competition and our measures of productivity. We also find that countries that implemented product-market reforms had a more … pronounced increase in competition, and correspondingly, in productivity: the contribution to productivity growth due to …