The link between diversification and performance has become an important topic for
research in diverse fields such as strategic management, industrial organization and …

In this review paper, we bring together a number of aspects of family firms that are
ubiquitous in a number of institutional contexts, often as part of larger business groups. We …

Using standard theories of corporate governance, this paper highlights the special problems
facing corporate governance of financial intermediaries and combines this theoretical …

This paper examines the impact of changes in bank governance on bank performance for a
sample of commercial banks operating in SE Asia between 1990 and 2003. We identify …

Using panel data from the Indonesian manufacturing industry during the Suharto era (1975–
95), we assess the impact of plant-level corruption on output and productivity growth. In …

The sharp decline in the once-stellar performance of East Asian corporations following the
1997 financial crisis has sparked an intense debate. Some observers argue that external …

Emerging economies have been particularly prone to financial sector crises, reflecting
marked information asymmetries and political interference, as well as the substantial …

The case of the missing market: The bond market and why it matters for financial development
Page 1 Herring, Richard J.; Chatusripitak, Nathporn Working Paper The case of the missing …

Corporate governance Bank versus ownership concentration in Germany The German
system of corporate governance is often thought to be effective at addressing problems …

The effect of business groups on economic performance is controversial, both theoretically
and empirically. We hypothesized that the seemingly contradictory empirical results can be …