The corporate governance regulations and rules make companies more transparent, credible and improve their standard of governance and make them attractive for investors to get lower cost funds to fund the companies.Bebchuk and Roe (2000) argue that the direction of legal reforms is typically...

The new stream of literature on law and finance does a comparative analysis of institutional frame works around the world studied their impact on the governance on firms. Comparative study of international corporate governance regulations and models in different countries and their impact...