We hypothesize that poor country-level governance, which makes public information less reliable, induces fund managers to increase their use of semi-public information. Utilizing data from international mutual funds and stocks over the 2000-2009 period, we find that semi-public...

Corporate disasters in the international community such as Enron Corp. and Global Crossing as well as the collapse of major financial institutions in Jamaica like Mutual Life Insurance Company and Century National Bank, have demonstrated the importance of having well established and stringent...

The study aimed to develop indicators to measure the implementation of a new model for internal auditors in government organizations and their support of good public governance. Data was collected through a survey, with questionnaires, and interviews with key informants. Respondents were...

Effective Board plays an important role in Company’s growth, in attaining goals and objectives, meeting revenue targets, achieving the desired profit and giving good governance. So it is such an important aspect.An Effective Board means a Board of Directors of a company which is diligent,...

Short-term debt can reduce potential agency conflicts between managers and shareholders by exposing managers to more frequent monitoring by the credit market. Using an international dataset, we examine whether internal monitoring can substitute for external monitoring through the use of...

Co-operative societies are organised groups primarily working at grass root level serving for the financially weaker section of the society, who have limited access to the Banks. The success of the co-operative sector lies in the governance of the society and it is in the hands of the elected...