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.
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