Competition, Corporate Governance and Selection in Emerging Markets

Ajit Singh

55 citations0/0 files storedThe Economic Journal

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Merger and Competition Analysis Corporate Finance and Governance International Business and FDI

Abstract

The paper introduces the three articles in this Feature, concerned respectively with competition, corporate governance and selection in emerging markets. Apart from being important in their own right, it is shown how these topics have recently acquired urgent domestic and international policy significance. This overview also provides the intellectual background to the issues raised in the papers and examines their interrelationships in analytical, empirical and methodological terms. It outlines a research programme which would not only have direct policy relevance for both emerging and mature countries but would also have broader analytical significance for many areas of economic theory.

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References

1976Theory of the firm: Managerial behavior, agency costs and ownership structure 1984Corporate financing and investment decisions when firms have information that investors do not have 1998Law and Finance 1991The Competitive Advantage of Nations 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers 1997A Survey of Corporate Governance 1990The Competitive Advantage of Nations 1996Financial Dependence and Growth

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