Privatizing state-owned companies is usually an emotional subject with various stakeholders struggling to make their voices heard making it difficult to reach a compromise. This is exacerbated when privatization exercise involves state-owned banks due to volatility of the financial industry. The...

Consideration is the sum paid by an acquirer in exchange for shareholding in an investee and is a product of offer and acceptance principle which reflects the wishes of the buyer and seller. The exact number of shares to be purchased is supposed to be unequivocal and what must be paid should be...

Demand for tertiary education is ever increasing in developing countries such as Malawi. Current statistics indicate that enrolment in Malawian private local universities has surpassed that in public universities. There is however no empirical evidence on whether the private-owned service...