Contracts represent a key device for governing and intermediating commerce. As such, a body of contract law which produces outcomes in accordance with the expectations of commercial actors is a key factor in determining the risk and thus costliness of doing business within a particular...

In 1998, the government of Victoria, Australia implemented a comprehensive, state wide accrual output based budgeting (AOBB) system. This initiative represented an important element of a stream of new public financial management (NPFM) type reforms introduced in Victoria from 1992 onwards,...

This paper is concerned with examining free cashflow of privatized SOEs and newly listed in stock market in Vietnam. The study based on a sample of firms which had been privatized from SOEs and newly listed in the Vietnam securities exchange during the period from 2000 to 2007. The research, at...

The question of the status of implied good faith performance obligations as an element of the Australian law of contract continues to lurk as a vital yet unresolved jurisprudential puzzle. Given the vital importance of contract as a foundation for commercial exchange and the potential for a good...

During the 1990s, the nature of general and financial management practices within the public sectors of many jurisdictions underwent significant change. the Australian state of Victoria represents an example of a jurisdiction in which the extent of change was particularly large. In the context...

By the mid 1980s, Vietnam's economic system had deteriorated to the point of crisis. Chronic shortages of key staples had fanned hyperinflation and localised outbreaks of commercial activities contrary to central regulations had become endemic. In the face of these forces, a vigorous reform...