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In this paper we present and test a theory of how political corruption, found in many transition and emerging market economies, affects corporate governance and productive efficiency of firms. Our model predicts that underdeveloped democratic institutions that do not punish political corruption...
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State-owned enterprises (SOEs) are present in key sectors of the economies around the world. While they can provide an …
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Financial performance is an important indicator in a company in measuring the level of viability of the company. This study aims to analyze the effect of CEO power (proxied by CEO ownership), and characteristics (CEO educational background and work experience) on firm performance as proxied by...
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. Sovereign Wealth Funds and the Local and World Economy: Are They Good or Bad Investment Actors? -- 4. Standards for Sovereign … Beyond -- 26. The Norway Government Pension Fund Global: The World’s Largest Sovereign Wealth Fund -- 27. European and Asian …
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