Governance and risk in emerging and global markets

The book features eight studies related to governance and risk.

It provides a critical evaluation of Basel II, and questions the significance of corruption in country risk analysis and investors' decision making.

It offers a reliable model of early warning credit signals that helps managers to detect default risks, and provides a risk-based analysis of alternative production systems in Pakistan.

It analyzes the effects of market liberalization on volatility spill-over across the globe, and examines past and future prospects for the Iraqi stock exchange.

Finally, it proposes securitization as a means to finance costs of reconstruction in Iraq.