This paper examines the relationship between the strength of creditor rights, their legal enforcement, corporate governance and corporate dividend payout in a sample of 281 emerging market firms. It shows that the outcome model of dividends holds in emerging markets, but only where the legal...

Developing countries lose an estimated US20-40 billion each year through bribery, misappropriation of funds, and other corrupt practices. Much of the proceeds of this corruption find 'safe haven' in the world?s financial centers. These criminal flows are a drain on social services and economic...

The Asset Recovery Handbook: A Guide for Practitioners was first published in 2011 by the Stolen Asset Recovery Initiative, a joint initiative of the United Nations Office of Drugs and Crime and the World Bank focused on encouraging and facilitating a more systematic and timely return of stolen...