This paper explores how equity market volatility are related with the Index of Economic Freedom for 22 emerging countries over 1995-2010 by considering the impacts of financial crisis. Consistent with theory, we find the overall economic freedom index and it components exert significant impacts...

This chapter investigates the theoretical frameworks and recent empirical evidence of executive compensation in emerging markets. The author outlines the theoretical evolutions and identifies the unique aspects of institutional features in determining the pay scheme in emerging markets. Due to...