According to the international trade theory, open market oriented industries, sectors or economies are more effective in allocating production factors among economics actors than the relatively closed ones. However; it is wondered whether being open market oriented is good for societies as a...

Corporate Governance has attracted a great deal of public interest after numerous financial irregularities occurred across the globe such as, Olympus, Satyam, Enron, WorldCom, AIG and so on. Taking cognizance of this, The Ministry of Industry and Commerce (MOIC) of Bahrain issued a Code of...

Traditionally in India the Government owned enterprises has been cursed by people and scholars equally. The notional drivers of change and progress, these giants have been criticized over the years as grossly inefficient, over staffed, bureaucratic and killingly slow in decision making. Though...

This study was developed based on the theory of cultural relevance of accounting proposed by Baydoun and Willet [4] from the contributions originally released by Gray [16], which highlights the link between the accounting values and the practices that are materialized in the form, content and...