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What happens when the company that creates country and company rankings is guilty of fraud? The economy must re-evaluate the way it is establishing the hierarchy of business “heroes” and how it classifies the transnational corporations and how countries rank after they are screened for their...
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Purpose – The purpose of this “viewpoint” is to consider developments in the governance practices in UK public organizations, showing how ideas from the governance of listed companies have translated into public bodies. Design/methodology/approach – It discusses the literature of...
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From the early 1990s, India embarked on easing capital controls. Liberalization emphasised openness towards equity flows, both FDI and portfolio flows. In particular, there are few barriers in the face of portfolio equity flows. In recent years, a massive increase in the value of foreign...
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We analyze acquirer wealth effects using a comprehensive sample of government asset sale announcements in 123 countries … all other government sales. Our results suggest that the market favors acquirers that benefit from divesting governments …
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