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This book analyses the complex relationship between corporate governance and economic development by focusing on the reform of corporate governance, the role of the legal system, and the interconnections with the financial system.Corporate governance has a central role to play in helping to increase the flow and lower the cost of the financial capital that firms need to finance their investment activity. The importance of this role has grown considerably in recent years, and the findings of this book emphasize that the standard of corporate governance matters significantly for developing countries. The editors rediscover that improved corporate governance can contribute to sustained productivity growth and stability of institutions.This timely and insightful book offers a one-stop reference guide for practitioners, academics, researchers, donor agencies and those who are interested in understanding the multi-dimensional and interdisciplinary aspects of corporate governance.
Edited by Thankom Gopinath Arun, Essex Business School Colchester, University of Essex and John Turner, Professor of Finance, Queen’s University Management School, Belfast, UK
Contents:Preface1. Corporate Governance and Development: Reform, Financial Systems and Legal Framework – An OverviewThankom Gopinath Arun and John Turner2. Gains and Losses of Adopting New Standards of Corporate Governance: A CGE Analysis of ArgentinaOmar O. Chisari and Gustavo Ferro3. The Anglo-American Model of Corporate Governance in Sub-Saharan Africa: Explanatory and Normative DimensionsRoyston Gustavson, Nicholas Ndegwa Kimani and Donald Atieno Ouma 4. Corporate Governance and the Transformation of the Electricity Sector in Britain and Spain: The Interaction between National Institutions and Regulatory ChoicesMichel Goyer and Rocío Valdivielso del Real5. The Relationship between Debt Structure and Firm Performance in IndiaSumit K. Majumdar and Kunal Sen6. The Corporate Governance Role of Capital Markets: A Bangladesh PerspectiveFaizul Haque 7. Corporate Governance of Banks in Developing Economies: Concepts and IssuesThankom Gopinath Arun and John Turner8. Improving Corporate Governance of Banks: Issues and Experience from BangladeshM. Masrur Reaz9. Corporate Governance Regulation and Board Decision Making During TakeoversBlanaid Clarke10. Shareholder Protection: A Leximetric ApproachPriya P. Lele and Mathias M. Siems11. Legal Aspects of UK Bank Corporate GovernanceDalvinder SinghIndex