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Considerable attention has been focused on corporate governance ratings. These ratings have become even more important as a number of recent studies have found positive associations between better corporate governance and firm market value, firm performance, and other indicia of interest....
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The corporate bonds market is not only underdeveloped in India in comparison with the equity market, but also considerably lags that market in point of time. Despite various efforts, the corporate bonds market has not expanded to any meaningful extent. In this paper, we identify the elements of...
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Recent events, such as the Enron, Worldcom, and Global Crossing debacles, have brought to the forefront the issue of corporate and organizational wrongdoing and the involvement of top management in it. To date, the law's response to the knowing or reckless involvement of top management in...
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