During the 1990s and 2000s, importance of strong corporate governance (CG) was acknowledged more widely due to occurrence major failures. As a result, there greater focus on responsibility, transparency, disclosure practices, risk management enhance accountability. Moreover, following 2008 financial crisis, CG has become an increasingly important topic in fields business economics recent years,...

The purpose of the present study is to investigate the relationship between corporate social responsibility and investment efficiency with particular emphasis on the mediating role of agency cost and information asymmetry in a sample of 121 firms listed on the Tehran Stock Exchange during the time period from 2012 to 2017. The research hypotheses are tested using multivariate regression analysi...

We study behavioral motivations for the adoption of corporate stock repurchase programs. Stock repurchase program adoption was more likely when CEOs were paid with large grants of stock options and when there was high levels of uncertainty regarding future firm performance.

Egypt is an emerging economy that has in recent years been exposed to several severe economic, political, and social shocks, all within a relatively short period of time. This amplified the importance rule law, regulatory enforcement, corporate governance best practices, order restore investing public’s confidence Egyptian market. Historically, focus on had preceded these events. Building this ...

Pension reform is widely seen as essential in order to defuse the difficulties EU governments would otherwise face in respect of their social security pension systems in a context of population ageing. Particularly when such reform involves funding of future pensions, it may have radical implications for European financial markets, entailing important changes in the demand for financial assets ...