Finn tarp conferred knighthood in denmark professor finn tarp has been honoured with the order of the dannebrog by her majesty the queen margrethe ii of denmark. African central banks join the aerc consortium the african economic research consortium aerc governors’ forum has passed a resolution to have its members join the consortium. The resolution was agreed on at a meeting held in livingstone, zambia, on february 19 20, 2015. Participants of the thesis dissemination workshop held in in lusaka, zambia on october 15, 2015 aerc conducted a collaborative master’s programme in agricultural and applied economics cmaae thesis dissemination workshop in zambia on october 2015. China’s footprint is increasingly becoming big and bold on the african continent. Most african countries that would struggle to build infrastructure such as ports, roads, railways, and airports themselves look to china for the support.

The afea annual conference for 2015 will be held in boston, massachusetts as part of the assa meetings. The afea invites anyone wishing to present a paper at the conference to submit an extended abstract or a complete paper by 6pm est on sunday, may 25, 2015. For abstract submission, each should be no more than a single page at least 400 words but no more than 600 and should include the overview of the topic including its background and potential significance methodology: how the matter was addressed and what techniques were used results: key and ancillary findings conclusions: lessons learned, implications, next steps and keyword set. Upon acceptance, a complete paper should be submitted to the president elect by 1st december 2014.

Failure to meet the deadlines may result in your paper being replaced in the session. We highly encourage submissions of papers on african economic development by young economists and graduate students for consideration at this conference or other conferences in the near future. We would also at this time like to encourage you to bring your afea membership up to date if it is not current. Please contact the secretary this email address is being protected from spambots. This section provides information about announcements and call for papers for academic conferences targeting the international business community. The conference should have a distinct international or cross cultural theme, or a track dedicated for such topics, to be eligible for inclusion.

Each listing includes the conference title, sponsoring organization, date and location of the conference, the deadline for submissions, and links to the conference website and call for papers announcement, if available. There is no charge for listing a conference on this page, as long as it meets the criteria specified above. Acpil academic conferences and publishing international ltd date s: july 7 8, 2016 society of interdisciplinary business research amp nakhon ratchasima rajabhat university date s: july 7 8, 2016 financial and legal institutions play key roles in facilitating governance through monitoring and mitigating information asymmetries, thereby enhancing international business and economic growth. Legal scholars emphasize that auditors, financial analysis, and banks serve as reputational gatekeepers that strongly influence capital market development coffee, 2002. Economists observe that legal institutions, such as courts and regulatory agencies, influence corporate finance and financial development by supporting private contractual arrangements beck and levine, 2008.

Yet, the development of financial and legal institutions varies widely across countries and political regimes. In this special issue, we seek to encourage diverse international business approaches to help foster the discourse on the relative importance of financial and legal institutions for corporate governance in different economies around the world. Further research is warranted on exactly how these institutions influence asymmetric information problems, how financial and legal institutions work in tandem and apart, and the differences in mechanism effectiveness in dissimilar economies and political regimes. The law and finance literature highlights the importance of strong financial and legal institutions in promoting access to finance, economic development and growth.

For example, stronger securities regulatory systems facilitate initial public offerings la porta et al. 2006 cumming and knill, 2012 and growth in emerging markets senbet and ncube, 1997 allen et al. The success of these corporate endeavors, however, largely depends on the ability of corporate governance systems to mitigate agency problems and other governance conflicts specific to the particular economy shleifer and vishny, 1997 john and senbet, 1998 gompers et al.

Research shows that institutions may not only shape the nature of dominant governance problems in different countries, but also influence the efficacy of firm level governance solutions chahine et al. Recent work demonstrates that legal institutions by themselves fail to explain problems with corporate governance and more generally economic development in many markets around the world, such as china allen et al. The success of certain countries, and the continued lack of success of others, remains largely unexplained on the basis of current understandings of the difficulties in separating ownership and control. In countries such as china, which often lack strong western style legal institutions and governance regulations, financial intermediaries establish other governance mechanisms that facilitate access to finance and economic growth.

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Politics potentially distorts the role that legal and financial institutions play in corporate governance and skew the desired outcomes. Two dimensions within which politics can enhance or diminish the benefits that legal and financial institutions can provide in corporate governance around the world are: 1 the political economy of financial regulation see, e.g. Rajan and zingales, 2003 , and 2 the value of political connections among others, fisman, 2001 faccio et al. Studies document that firms benefit from political connections, yet the impact on the international business aspects of corporate governance remains unclear as does the net or aggregate impact on industry growth. We invite contributions to this special issue on the role of financial and legal institutions in corporate governance around the world. Our goal in this special issue is to integrate the strengths of finance, law, and international business scholars to gain insights into resolving asymmetric information and the associated governance problems in international business.

Submissions are encouraged from scholars that use different theoretical and empirical approaches to understand corporate governance, financial intermediation and growth in emerging and developed markets with an emphasis on finance, law and in politics. By publishing this special issue, jibs will not only acknowledge the significant contribution of the law and economics perspective to international business research, but it will also send a strong signal that the journal wants to be an outlet of choice for top scholars working in the international economics, finance and comparative law areas. Manuscripts must be submitted in the window between august 17, 2015, and august 31, 2015, at for more information about this call for papers, please contact the special issue editors or the jibs managing editor managing [email protected] . Cass business school, in cooperation with jibs, is pleased to host an international research workshop on the role of financial and legal institutions in corporate governance in february 2016, in conjunction with this special issue.

The workshop will provide an opportunity for authors whose work has been shortlisted for the jibs special issue. Experienced and distinguished scholars will serve as discussants to facilitate the development of the papers. Nber volume on african development successes university of chicago press edited by s. Legal institutions and financial development, handbook of new institutional economics. The effects of venture capital syndicate diversity on earnings management and performance of ipos in the us and uk: an institutional perspective.