Having considered a vital means whereby the Basel III framework and the Dodd Frank Act could achieve a respectable degree of harmonization, in the paper which precedes this, namely, the paper on “Harmonising Basel III and the Dodd Frank Act through International Accounting Standards –...

This work investigates the role and contribution of external auditing as practised in the Malaysian society during the forty year period from independence in 1957 to just before the onset of the Asian Financial Crisis in 1997. It applies the political economic theory introduced by Tinker (1980)...

The accounting profession has long faced the issue of an audit expectation gap; being the gap between the quality of the profession’s performance, its objectives and results, and that which the society expects. The profession believes that the gap could be reduced over time through education....

This presentation does not only aim to highlight and demonstrate how – as well as why, greater interaction through a better understanding of different cultures can empower, shape and inspire the development and enhancement of vital and effective innovative and educational techniques, but also...

In times past, it used to be the case that leading economic nations were united by statements involving national delicacies and even donuts…However, signs of growing rifts and shifts in economic, trade and diplomatic relations are not only being evidenced by the recent conclusion of the...

As highlighted and as constitutes the recurring theme of this presentation, women empowerment SHOULD not imply constantly serving as conflicts and sources of obstruction to the fulfilment of goals and objectives of their counterparts, but rather also denote a complementary and enhancing role. As...

This paper is aimed at highlighting how common law has evolved over the centuries, namely through the flexibility accorded to judicial precedents, as well as through the evolutionary nature evidenced in the processes and rules applied in statutory interpretation. In addition to illustrating how...

Even though the Efficient Markets Hypothesis (EMH) is also commonly referred to as the random walk theory (Clarke et al, 2001:1), there are several reasons why both can be distinguished. Amongst other objectives, this chapter will also aim to illustrate why the semi-strong and strong forms of...

This paper is aimed at explaining why higher concentrations of the ownership of large firms do not necessarily and automatically facilitate lower risk taking levels – where there is scope for the abuse of powers. As well as illustrating why effective corporate governance systems are essential...

Consolidating on a choice selection of chapters from its predecessor volume, “Designing Optimal Models of Financial Regulation in a Changing Financial Environment” – as well as conference presentations and recent global developments, this volume specifically addresses and recommends...