Self-dealing, prevalent in emerging markets, often harms minority shareholders. The related-party transaction is one common technique, especially in markets with weak law enforcement. Beyond self-dealing, other methods of expropriation, such as insider trading and dilution of share value, can...

January 2000 - Corporate financing patterns around the world reflect countries' institutional environments. Weaknesses in the corporate sector have increasingly been cited as important factors in financial crises in both emerging markets and industrial countries. Analysts have pointed to weak...

Expanding housing finance to the underserved in South Asia, a first regional effort on the topic, examines housing needs and shortages in South Asia, and outlines shortcomings of the market for home mortgages. The primary purpose of this book is to pull together housing and housing finance...

The issue of 'an appropriate' legal framework, especially in the case of the takeover market, has been poorly studied in the case of emerging markets, yet it is of immediate relevance and practical policymaker interest. The study makes a first attempt to analyze takeover regulations in a...