The Australian public sector experiences significant turmoil in performance information disclosures as it adopts New Public Financial Management oriented changes. While these changes aim to promote greater accountability, we raise concerns about the effectiveness of current disclosures,...

This chapter is about how Nigeria's public financial system stacks up against international standards, the better to see current institutions and their capacities in a wider perspective. The purpose is not to demonstrate that Nigeria falls short of international best practice, but rather to show...

Concession, project-financing and public-private partnership schemes are investment projects that are generally submitted to valuation criteria based on discounted cash flow analysis. The theoretical basis of these valuation criteria are now at issue. Pursuant to recent advances in relational...