India accounts for 4.5% of industrial energy use worldwide. This share is projected to increase as the economy expands rapidly. The level of industrial energy efficiency in India varies widely. Certain sectors, such as cement, are relatively efficient, while others, such as pulp and paper, are...

The model of managerial incentives used in Positive Accounting Theory sees debt contracts as important in accounting choices in firms. The paper argues that agency theory and costly contracting theory imply a much wider role for debt contracts as corporate governance mechanisms for controlling...

This paper examines the Motability scheme which enables disabled people to obtain cars on a leasing basis in the UK. The scheme is centred around Motability, a charity, which has an arms-length relationship with a government department, and a close relationship with a non-profit making private...