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are applied by 20 of top 33 world banks. Bank selection is based on information availability, geographic balance and … comprehensiveness of the language in which information is provided. This information is searched from the World Wide Web, with a minimum … financial shake-up would only precipitate a meltdown. The main limitation of this study is the use of the World Wide Web as the …
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This paper assesses whether Basel III was necessary and would be able to bring about prudent risk behaviour among banks. Basel III aimed at setting new global standards to address both firm specific and general systemic risks by raising the quality of capital to position banks to better absorb...
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Over the past two decades, several corporates collapses and scandals led to track down any deficiencies of the traditional corporate governance mechanisms. These collapses and scandals include Enron (2001) and WorldCom (2002) in USA, Vivendi (2001) and Vinci (2006) in France, Parmalat (2003) in...
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