This paper analyses the relationship between real and accrual earnings management activities and IPO failure risk. While the association between accrual earnings management and IPO failure has been researched in a limited setting, to date, there has been no work that analyses the impact of real...

Purpose – This paper aims to consider the impact of modernizing payments systems within emerging economies. Design/methodology/approach – Focuses on the Tanzanian experience and highlights a number of important issues that emerging economies face in undertaking such reforms. The results are...

Purpose – The purpose of this paper is to provide a detailed overview of the China Investment Corporation (CIC) and its structure, investment activities and possible future investments. Design/methodology/approach – This paper uses a case study approach and builds up a picture of sovereign...

Purpose – The purpose of this paper is to highlight some of the political aspects of sovereign wealth fund investment. Design/methodology/approach – The paper employs a case study approach, bringing together various news articles and reports from around the world to build a picture of the...

Purpose – The purpose of this paper is to highlight a number of issues surrounding the sovereign wealth investment activities of the Chinese Government in Africa. Design/methodology/approach – The paper employs a case study approach, bringing together various news articles and reports from...

Purpose – The purpose of this paper is to examine the effect of the passage of the Sarbanes‐Oxley Act (SOX) on a number of governance and governance‐related characteristics, such as board structure and committee composition, as well as the effect of those changes (if any) on both...

Purpose – A regulatory wave will follow the current financial turmoil. The purpose of this paper is to warn that although new regulation is necessary, there is a danger of strangulation of the financial market which can only be avoided with a paradigm shift in the way data are collected and...