The reforms in the public sector accounting and financial management, as an important part of the New Public Management (NPM) initiative, have attracted considerable interest all over the world. The purpose of this study is to present empirical results related to the introduction and implementation of a governmental financial accounting reform in the public health sector in Greece five years af...

The financial services industry is undergoing dramatic changes caused by recent significant technological advances and the explosion of services offered on the Internet. The revolution underway can significantly accelerate financial sector development in many countries by reducing costs to consumers of financial services, increasing breadth and quality, and widening

In this study we estimate technical efficiency of Indian commercial banks from 19892009 using a multiple-output generalized stochastic production frontier, and analyze the effects of financial sector reforms on measured efficiency. This generalized technique estimates technical efficiency in the presence of multiple outputs, filling a gap in the existing literature. Our results show that Indian...

This paper investigates the cause for the slow adoption of biometric authentication in the South African (SA) banking sector and constitutes exploratory research. Various definitions of biometrics are analysed to determine the common elements. Based on these elements, a new definition is proposed. This study is limited to the use of biometric technology within the financial services sector. Wit...

 Before the crisis there were different growth models in Europe: property bubbles in Spain and Ireland, state spending in Greece, hypertrophied financial sectors in the United Kingdom and Cyprus. All of these were based on growing, mostly private debt. They caused large current account deficits, and imploded in the financial crisis. State-led bank rescues to stabilise the financial sector mass...

Financial development is one of the pillars of economic development and growth at national level. While it improves revenue at macro level, its effect on distribution of wealth or income inequality and poverty is unknown. Therefore, the present paper is an analytical attempt to analyze the effects of financial development on poverty along with the factors effective in poverty in selected member...

We study the effect of competition among insiders in an extension of the static Kyle (1985) model of insider trading introduced by Jain-Mirman (JMC) (2002). In the JMC model competition in the real sector is introduced. In this paper we introduce competition in the stock sector in the JMC model by assuming that there is a manager who is responsible for making the real decisions of the firm as w...

OBJECTIVES The movement of skilled physicians from the public to the private sector is a key constraint to achieving universal health coverage and is currently affecting health systems worldwide. This systematic review aims to assess factors influencing physicians' choice of workplace, and policy interventions for retaining physicians in the public sector. METHODS Five literature databases we...

This paper examines the impact of the global financial crisis on the Nigerian financial system. The paper documents extensive evidence to show that the immediate past governor of Central Bank of Nigeria was puerile in preventing the global financial crisis from having adverse effect on the Nigerian economy. As a result, the Nigerian capital market was seriously hit by the crisis. The prices of ...