Leruth, Luc E.; Khatri, Yougesh; Piesse, J. - International Monetary Fund (IMF) - 2002
This paper measures corporate sector performance (efficiency) and empirically examines the role of corporate governance. A stochastic frontier with inefficiency effects is fitted to a panel dataset of 31 of the largest nonfinancial companies listed on the Kuala Lumpur Stock Exchange for the...