We model corporate governance in a world with competitive securities markets as well as markets for corporate assets …

We model long-run firm performance, management compensation, and corporate governance in a dynamic, nonstationary world ….  We show that managerial compensation and governance policies, which, in a single-period context, can best be rationalized … example, shareholder wealth is maximized by governance policies that tie board deference to generous compensation and link the …

Purpose - The need for robust governance standards in financial institutions requires no overemphasis. However …, instances of governance failures have been a recurring global phenomenon. This paper examines the key elements of governance in … financial institutions, evaluates reasons for failures and suggests ways to strengthen governance and prevent such failures …

blockholder governance through both voice (direct intervention) and exit (selling one's shares). We survey the empirical evidence … corporate governance. We start with the underlying property rights of public corporations; we discuss how blockholders are … active in firm governance. We then examine what distinguishes a blockholder from an ordinary shareholder and advocate …

This study assesses the mobile phone in the diffusion of knowledge for better governance in sub-Saharan Africa for the … quality) and ten governance indicators that are bundled and unbundled. The following are the main findings. First, there is an … unconditional positive effect of mobile phone penetration on good governance. Second, the net effects on political, economic and …

This study assesses linkages between social media and governance dynamics in 49 African countries for the year 2012 …. The empirical evidence is based on ordinary least squares and quantile regressions. Ten bundled and unbundled governance … dynamics are used, notably: (i) polit ical governance (entailing "voice & accountability" and political stability/no violence …

Purpose - This study investigates the role of ICT in modulating the effect of governance on insurance penetration in 42 … include: mobile phone penetration, internet penetration and fixed broadband subscriptions. Six governance channels are also … findings are established. First, mobile phone penetration does not significantly modulate governance channels to positively …

Purpose - This study investigates the role of financial access in moderating the effect of governance on insurance … insurance indicators are used, notably: life insurance and non-life insurance. Six governance measurements are also used, namely …-life insurance via governance mechanisms of political stability, "voice & accountability", government effectiveness, regulation …