Purpose – The effect of corporate governance on firm performance has long been of great interest to financiers, economists, behavioural scientists, legal practitioners and business operators. Yet there is no consensus over what constitutes an effective corporate governance mechanism that...

The determination of optimal financing (optimal capital structure or optimal mix of funds) for corporations is important for efficient corporate governance. Some optimization problems in determining optimal financing for corporations include optimal control, involving a dynamic system with...

This book studies the relationships between economic growth and social welfare and the policy implications of these relationships for development. Understanding the relationships between economic growth and social welfare is an enduring issue within contemporary development economics and welfare...

Chapter1. Introduction -- Chapter 2. Literature Review -- Chapter 3. Conceptual Framework for Investment Apprisal and Capital Markets Research in Accounting and Methodology -- Chapter 4. Discounted Cash flow for TOM.com -- Chapter 5. Optimisation Model for World Airways -- Chapter 6. Discussion...

The emphasis of this book is on understanding special characteristics of the financial systems of emerging markets, where the existence of market imperfections such as asymmetric information, adverse selection and moral hazard can cause financial market failures. Considering the Thai stock...

This book examines the options for adopting an appropriate model of the exchange rate determination and its associated regime suitable for developing countries. It shows that a credible exchange rate regime and policy may mitigate the flight to currency from broad money, and ensure stability and...