The hallmark of good corporate governance is an independent board of directors to oversee management. However, it is not clear that independent directors receive the information they need to make fully informed decisions on all key matters. Partly, this is due to an information gap, whereby...

This article surveys a number of key elements of the government's localism agenda, particularly as it relates to local government finance. It concludes that this is a genuine attempt to free up local authorities to innovate and control their own resources, but that the toxic climate and emphasis...

Socially responsible investments include environmental, social or ethical considerations in the set of criteria underlying investment decisions. The public at large is showing an increasing propensity to take them into account when deciding how to invest. This is why the assessment processes of...

Socially responsible investments include environmental, social or ethical considerations in the set of criteria underlying investment decisions. The public at large is showing an increasing propensity to take them into account when deciding how to invest. This is why the assessment processes of...

Central bank transparency has become the topic of a lively public and academic debate on monetary policy. Unfortunately, it has been complicated by the fact that transparency is a qualitative concept that is hard to measure. This Paper proposes a comprehensive index for central bank transparency...