Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data on CEO turnover, ownership structure and board characteristics, we estimate Logit models of CEO turnover. We find consistently for all performance measures including both stock...

The performance of equity-based Islamic and non-Islamic stocks in Pakistan is investigated between July 1988 and December 1994. Weekly stock price behaviour is compared for the two types of stocks during sub-periods of reforms, July 1988 to June 1991 and July 1991 to December 1994. The risk...

The reform process in India was initiated with the aim of accelerating the pace of economic growth and eradication of poverty. These reforms were imperative for increasing the efficiency of resource mobilization, allocation in the real economy and for the overall macroeconomic stability. The...