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"The authors compare the two merger control systems currently employed worldwide: a mandatory system based on merger size threshold and a voluntary system with ex-post monitoring and fines. The voluntary system possesses two informational advantages: (i) the enforcement agency employs more...
Persistent link: https://www.econbiz.de/10011394230
This ROSC analyzes accounting, financial reporting and auditing practices within the corporate sector in Nicaragua … follow high-level accounting and auditing practices and the highest standards of corporate governance. This ROSC supports … skills of accounting and audit practitioners, (ii) strengthening the regulatory framework governing accounting and audit …
Persistent link: https://www.econbiz.de/10012550618
and good practice in accounting and auditing, particularly in Latin America and the Caribbean. The main focus of the … review is the institutional framework and professional environment that underpin private sector accounting and audit …
Persistent link: https://www.econbiz.de/10012553092
This assessment of accounting and auditing practices in Ukraine is part of a joint initiative of the World Bank and … strengths and weaknesses of the accounting and auditing environment that influence the quality of corporate financial reporting … good practice in the field of accounting and auditing regulation. All the key economic sectors in Ukraine rely on high …
Persistent link: https://www.econbiz.de/10012247118
Persistent link: https://www.econbiz.de/10010523430
Private investment in agriculture in developing countries, both domestic and foreign, has been on the rise for nearly two decades. This paper focuses on large-scale agricultural projects in developing countries, involving the lease of farmland, which rose sharply after the food crisis of 2008....
Persistent link: https://www.econbiz.de/10012564769
Persistent link: https://www.econbiz.de/10011393336
"Microfinance has been heralded as an effective way to address imperfections in credit markets. But from a theoretical perspective, the success of microfinance contracts has puzzling elements. In particular, the group-based mechanisms often employed are vulnerable to free-riding and collusion,...
Persistent link: https://www.econbiz.de/10010522103
"The home equity bias is one of the many puzzles existing in international finance. This puzzle is characterized by the concentration of domestic equity in any investor's portfolio, which is in contradiction with the benchmark of full diversification in a world mutual fund. Based on Admati's...
Persistent link: https://www.econbiz.de/10010522704
This book constitutes one of the main outputs of the School Fee Abolition Initiative (SFAI). The initiative, launched in 2005 by the United Nations Children's Fund (UNICEF) and the World Bank, was designed to support countries in maintaining and accelerating progress toward universal primary...
Persistent link: https://www.econbiz.de/10012561180