In some circles, transparency has become a buzzword as organizations face increasing pressure from institutional shareholders and regulators, banks and other stakeholders needing to monitor financial conditions and managerial decisions more closely to protect their interests. The call for...

Volume 17 of International Finance Review focuses on a variety of issues relating to the political economy of Chinese finance, including: the pattern of government ownership and control of Chinese firms; the role of government in corporate governance of industrial and financial firms; the...

Digital disruption is ubiquitous and has changed both the way businesses operate and the way people live. Disruption caused by innovation affects firms across multiple industries, from financial services to industrial firms, business processes to payment systems, manufacturing to supply chains....

The purpose of corporations has long been debated, with the traditional view asserting that a firm's primary responsibility is to maximize shareholder profits. This profit-centric approach is believed to drive efficiency, innovation, and economic growth. However, an evolving perspective argues...

Japan has always been an odd man out from the standpoint of Western norm or Western finance. It is a country that is as developed as any in the West. However, it is also a country that possesses the significant institutional and cultural traits that separate it from the West. An important...

In this age of international terrorism and international economic contagion, it is clear that globalization in its broadest sense - i.e., the breaking down of barriers - is often a double-edged sword. The world economy of the early twenty-first century offers substantial growth potential and...