In the 1990s, financial scandals led to the implementation of the Sarbanes Oxley 2002 Act (SOX), which requires top management to attest to the accuracy of the financial reporting by publicly held corporations. There is lack of research regarding success of SOX Act in preventing…
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Changes in economic and business practices around the globe and the rapid reform movement in developing counties require a sound corporate governance structure to be implemented in Saudi Arabia. A winning reform agenda has to take national factors into consideration. Agency prob…
Before the onset of the global financial crisis in late 2008, countries in Eastern Europe and Central Asia (ECA) experienced strong economic growth. Demand for electricity increased steadily with gross domestic product (GDP). GDP grew, on average, 6.5 percent between 2000 and 20…
Corporate boards play a central role in corporate governance and are thus regulated in the corporate law and corporate governance codes of all industrialized countries. Yet while there is a common core of rules on the boards considerable differences remain. These differences dep…
