Anil K. Makhija Kose John Edited By Mark Hirschey Issues in corporate governance and finance

Annotation

While Advances continues to publish papers from any area of Finance, the focus of this issue is on corporate governance, broadly defined as the system of controls that helps corporations and other organizations effectively manage, administer, and direct economic resources. Papers deal with the role played by boards of directors, impact of ownership, executive compensation, and investor protection. Other papers deal with stock repurchases, default, banking, financial sector development, and the Asian financial crisis. Papers cover a wide range of international experience, including evidence from the U.S., Japan, Israel, Malaysia, China, and New Zealand. "Advances in Financial Economics" is now available online at ScienceDirect full-text online of volumes 6 onwards.Elsevier book series on ScienceDirect gives multiple users throughout an institution simultaneous online access to an important compliment to primary research. Digital delivery ensures users reliable, 24-hour access to the latest peer-reviewed content. The Elsevier book series are compiled and written by the most highly regarded authors in their fields and are selected from across the globe using Elseviers extensive researcher network. Papers cover a wide range of international experience. This issue focuses on corporate governance.