Current corporate disclosures regarding carbon emissions lack commonly accepted accounting rules. The accrual accounting system for carbon emissions described here is grounded in the rules of historical cost accounting for operating assets, enabling the preparation of balance sheets and flow...

This study investigates the moderating effect of company goal clarity on the relationship between government ownership and financial performance of the listed companies in Kenya and Tanzania. The results show that government ownership holds an average of 6% of the ownership stakes and a maximum...

In his 2018 book, Prosperity, Professor Colin Mayer puts forward the proposition that a single, “embarrassingly simple” change to corporate law would transform “at a stroke” the conduct of large companies. After this reform, it is argued, boards would no longer follow the maxim of Milton...