This research investigated the extent of companies' compliance with the Kuala Lumpur Stock Exchange (KLSE) listing requirements in relation to audit committees. Additionally, the research set out to identify any significant differences in compliance between PN4 companies, that is companies that...

This paper investigates the relationship between related party transactions, corporate governance and firm performance. Specifically, this paper examines the moderating effect of corporate governance on the related party transactions-performance relationship. Based on 448 firm-year sample for...

This volume on experimental economics offers both new research grounds and a bird's eye view on the field. In the first part, leading experimental economists, among them Vernon S. Smith and Daniel Friedman, give inspiring insights into their view on the general development of this field. In the...

We examine the effect of the matching mechanism on learning in 2 × 2 games. Six games are played repeatedly under either fixed pairs or random matching. Unlike most economics experiments, the games are played under limited information: subjects are never shown the games' payoff matrices nor...

Game theorists typically assume that changing a game’s payoff levels—by adding the same constant to, or subtracting it from, all payoffs—should not affect behavior. While this invariance is an implication of the theory when payoffs mirror expected utilities, it is an empirical question...