This study surveys the literature examining the privatization of state-owned enterprises
(SOEs) We review the history of privatization, the theoretical and empirical evidence on the …

A critical review of the Nigerian banking system over the years shows that one of the
problems confronting the sector has been that of poor corporate governance. In an attempt …

Recent research has documented large differences among countries in ownership
concentration in publicly traded firms, in the breadth and depth of capital markets, in …

The state of development of the financial sector does not change monotonically over time. In
particular, by most measures, countries were more financially developed in 1913 than in …

Data on corporate governance and disclosure practices reveal wide within‐country variation
that decreases with the strength of investors' legal protection. A simple model identifies three …

Governance is concerned with the practice of making collective decisions. Governance
theory, as such, has both an explanatory dimension and an advisory character. This twin …

Purpose–This paper seeks to examine the relationship between corporate governance and
the capital structure decisions of listed firms in Ghana. Design/methodology/approach …

Why does corporate governance--front page news with the collapse of Enron, WorldCom,
and Parmalat--vary so dramatically around the world? This book explains how politics …

This study examines how directors make decisions that involve shareholders and other
stakeholders. Using vignettes derived from seminal court cases, we construct an index of …

This paper offers the first comprehensive analysis of legal change in the protection of
shareholder and creditor rights in transition economies and its impact on the propensity of …