According to classic economic views of social responsibility as esposed by Milton Friedman, one would expect markets to penalize companies for undertaking social or environmental initiatives beyond minimal compliance with legal requirements, because such activities arguably may divert a firm's...

In the wake of global recession, governments worldwide face increasing pressures to assist ailing domestic industries, especially companies deemed "too big to fail." The auto sector provides an excellent illustration of the tensions between the need to rescue ailing domestic producers without...

Purpose: The purpose of this study is to examine the impact of chief executive officer (CEO) personal characteristics on the performance of Indian commercial banks. Additionally, it also analyses the nonlinear relationship of CEO age and CEO tenure on the bank performance....

This study focuses on assessing the role of various bank-specific, industry-specific and macroeconomic determinants in Indian commercial banks performance. Performance of the Indian banks has been measured by Return on Assets (ROA), Return on Equity (ROE) and Net Interest Margin (NIM) and...

Purpose: This study aims to investigate the impact of various audit committee (AC) characteristics on the performance of Indian commercial banks. Additionally, it also analyses the non-linear relationship of AC size and AC chairman tenure with bank performance. Design/methodology/approach: A...

High growth service firms invest resources to acquire and retain customers, creating intangible assets. This paper tests whether investors use customer metrics to value these firms. Using a unique hand collected data set, we show that investors discount the values of high growth service firms if...

This study focuses on assessing the role of various bank-specific, industry-specific and macroeconomic determinants in Indian commercial banks performance. Performance of the Indian banks has been measured by Return on Assets (ROA), Return on Equity (ROE) and Net Interest Margin (NIM) and...

Today policymakers increasingly recognize that public-private partnerships (PPPs) in infrastructure offer the most promise for developing infrastructure and improving services. Countries in South Asia face a dual challenge in infrastructure: many households and businesses lack access to...

Afghanistan has transformed its telecommunications from a fragmented system serving few people to a modern one putting Afghans in touch with one another and with the global economy. The government moved quickly to approve a Telecommunications and Internet Policy in 2003, and identified...

Three locations in the midwestern US were evaluated for saline reservoir sequestration of CO2 transported from refineries and chemical plants along existing pipeline rights-of-way. Based on formation volume calculations, the potential storage capacity in a single formation (the Mt. Simon...