Author: IRENA GROSFELD AND THIERRY TRESSEL
Publisher:
ISBN:
Category :
Languages : en
Pages : 47
Book Description
COMPETITION AND CORPORATE GOVERNANCE: SUBSTITUTES OR COMPLIMENTS? EVIDENCE FROM THE WARSAW STOCK EXCHANGE
Author: IRENA GROSFELD AND THIERRY TRESSEL
Publisher:
ISBN:
Category :
Languages : en
Pages : 47
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 47
Book Description
OECD Economic Surveys: Poland 2002
Author: OECD
Publisher: OECD Publishing
ISBN: 926419407X
Category :
Languages : en
Pages : 167
Book Description
This 2002 edition of OECD's periodic review of Poland's economy examines recent economic developments, policies, and prospects and includes special features on public expenditure management and structural reform.
Publisher: OECD Publishing
ISBN: 926419407X
Category :
Languages : en
Pages : 167
Book Description
This 2002 edition of OECD's periodic review of Poland's economy examines recent economic developments, policies, and prospects and includes special features on public expenditure management and structural reform.
Corporate Governance and Stakeholders' Financial Interests in Institutions Offering Islamic Financial Services
Author: Wafik Grais
Publisher: World Bank Publications
ISBN:
Category : Account Holders
Languages : en
Pages : 32
Book Description
This paper focuses on the corporate governance arrangements of institutions offering Islamic financial services (IIFS) aimed at protecting stakeholders' financial interests. Many IIFS corporate governance issues are common with those of their conventional counterparts. Others are distinctive. In particular they offer unrestricted investment accounts that share risks with shareholders but without a voting right. This paper first reviews internal and external arrangements put in place by IIFS to protect stakeholders' financial interests. It discusses shortcomings notably in terms of potential conflict of interest between shareholders and holders of unrestricted investment accounts. It then suggests a corporate governance framework that combines internal and external arrangements to provide safeguards to unrestricted investment account holders without overburdening IIFS' financial performance. The paper uses a review of 13 IIFS and regulatory information from countries where IIFS have developed the most.
Publisher: World Bank Publications
ISBN:
Category : Account Holders
Languages : en
Pages : 32
Book Description
This paper focuses on the corporate governance arrangements of institutions offering Islamic financial services (IIFS) aimed at protecting stakeholders' financial interests. Many IIFS corporate governance issues are common with those of their conventional counterparts. Others are distinctive. In particular they offer unrestricted investment accounts that share risks with shareholders but without a voting right. This paper first reviews internal and external arrangements put in place by IIFS to protect stakeholders' financial interests. It discusses shortcomings notably in terms of potential conflict of interest between shareholders and holders of unrestricted investment accounts. It then suggests a corporate governance framework that combines internal and external arrangements to provide safeguards to unrestricted investment account holders without overburdening IIFS' financial performance. The paper uses a review of 13 IIFS and regulatory information from countries where IIFS have developed the most.
Corporate Governance in Institutions Offering Islamic Financial Services
Author: Wafik Grais
Publisher: World Bank Publications
ISBN:
Category : Account Holders
Languages : en
Pages : 46
Book Description
This paper reviews institutions offering Islamic financial services (IIFS) corporate governance challenges and suggests options to address them. It first points out the importance of corporate governance for IIFS, where it would require a distinct treatment from conventional corporate governance and highlights three cases of distress of IIFS. It then dwells on prevailing corporate governance arrangements addressing IIFS' needs to ensure the consistency of their operations with Islamic finance principles and the protection of the financial interests of a stakeholders' category, namely depositors holding unrestricted investment accounts. It raises the issues of independence, confidentiality, competence, consistency, and disclosure that may bear on pronouncements of consistency with Islamic finance principles. It also discusses the agency problem of depositors holding unrestricted investment accounts. The paper argues for a governance framework that combines internal and external arrangements and relies significantly on transparency and disclosure of market relevant information.
Publisher: World Bank Publications
ISBN:
Category : Account Holders
Languages : en
Pages : 46
Book Description
This paper reviews institutions offering Islamic financial services (IIFS) corporate governance challenges and suggests options to address them. It first points out the importance of corporate governance for IIFS, where it would require a distinct treatment from conventional corporate governance and highlights three cases of distress of IIFS. It then dwells on prevailing corporate governance arrangements addressing IIFS' needs to ensure the consistency of their operations with Islamic finance principles and the protection of the financial interests of a stakeholders' category, namely depositors holding unrestricted investment accounts. It raises the issues of independence, confidentiality, competence, consistency, and disclosure that may bear on pronouncements of consistency with Islamic finance principles. It also discusses the agency problem of depositors holding unrestricted investment accounts. The paper argues for a governance framework that combines internal and external arrangements and relies significantly on transparency and disclosure of market relevant information.
OECD Papers
Author:
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 322
Book Description
A compilation of reports previously issued by the OECD.
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 322
Book Description
A compilation of reports previously issued by the OECD.
Secondary Privatization in Transition Economies
Author: Iraj Hoshi
Publisher: Springer
ISBN: 0230377017
Category : Political Science
Languages : en
Pages : 285
Book Description
Privatization was the fundamental pillar of transition from plan to market in former socialist countries. But little is known about the fate of companies that were privatized in large scale privatization schemes such as mass privatization or management-employee buyouts. This is the first original study aiming to fill this gap. It assesses wholesale privatization schemes in three leading transition countries - the Czech Republic, Poland and Slovenia - in terms of the evolving concentration of ownership and relations to firm performance.
Publisher: Springer
ISBN: 0230377017
Category : Political Science
Languages : en
Pages : 285
Book Description
Privatization was the fundamental pillar of transition from plan to market in former socialist countries. But little is known about the fate of companies that were privatized in large scale privatization schemes such as mass privatization or management-employee buyouts. This is the first original study aiming to fill this gap. It assesses wholesale privatization schemes in three leading transition countries - the Czech Republic, Poland and Slovenia - in terms of the evolving concentration of ownership and relations to firm performance.
Slovenia
Author: Mojmir Mrak
Publisher: World Bank Publications
ISBN: 9780821357187
Category : Political Science
Languages : en
Pages : 506
Book Description
Thirteen years after independence from the former Socialist Republic of Yugoslavia, Slovenia has become one of the most advanced transition economies in Central and Eastern Europe and will become a member of the EU in May 2004. This publication examines the country's recent political and socio-economic history, its transition to a market economy and the challenges that lie ahead. It includes contributions from Slovenia's president, a former vice prime minister, the current and previous ministers of finance, the minister of European Affairs, the current and former governors of the Bank of Slovenia, as well as from leading development scholars in Slovenia and abroad.
Publisher: World Bank Publications
ISBN: 9780821357187
Category : Political Science
Languages : en
Pages : 506
Book Description
Thirteen years after independence from the former Socialist Republic of Yugoslavia, Slovenia has become one of the most advanced transition economies in Central and Eastern Europe and will become a member of the EU in May 2004. This publication examines the country's recent political and socio-economic history, its transition to a market economy and the challenges that lie ahead. It includes contributions from Slovenia's president, a former vice prime minister, the current and previous ministers of finance, the minister of European Affairs, the current and former governors of the Bank of Slovenia, as well as from leading development scholars in Slovenia and abroad.
Fundamentals of Corporate Governance: Executives and performance
Author: Thomas Clarke
Publisher:
ISBN:
Category : Corporate governance
Languages : en
Pages : 384
Book Description
Publisher:
ISBN:
Category : Corporate governance
Languages : en
Pages : 384
Book Description
Advances in Management
Issues in Competition Law and Policy
Author:
Publisher: American Bar Association
ISBN: 9781604420449
Category : Law
Languages : en
Pages : 840
Book Description
This massive 3-volume, hardcover examination of the history, design and enforcement of competition law is for judges, enforcement officials, lawyers, and economists-anyone who wishes to understand the jurisprudential, substantive, and methodological issues confronting modern competition law and policy. The authors of this book include policy makers, academics, economists, and lawyers from across the globe, ensuring a variety of perspectives and approaches on competition law and policy.
Publisher: American Bar Association
ISBN: 9781604420449
Category : Law
Languages : en
Pages : 840
Book Description
This massive 3-volume, hardcover examination of the history, design and enforcement of competition law is for judges, enforcement officials, lawyers, and economists-anyone who wishes to understand the jurisprudential, substantive, and methodological issues confronting modern competition law and policy. The authors of this book include policy makers, academics, economists, and lawyers from across the globe, ensuring a variety of perspectives and approaches on competition law and policy.