January 2012
Financial performance and ownership structure of Ethiopian commercial banks
It has been argued since long time that private ownership of firms leads to better firm performance. Knowledge of the relationship of performance and ownership is assumed to have significance importance. This paper is an empirical analysis on the impact of ownership structure on the performance of Ethiopian commercial banks. We examined whether the ownership structure of banks significantly impinges on bank performance....
January 2012
Evaluation of countries solution against the U.S economics crisis through a multiple attribute decision model (MADM)
U.S economics crisis have occurred since 2007. It is the important crisis after the great depression of 1930’s. The countries in our global village have relationships together. They can become impressive or neutral in case of this crisis. It definitely depends on their policies and decisions. In this paper, we evaluate some chosen solutions in front of U.S economic crisis using a multi attributes...
January 2012
Effect of corporate governance on the top management team compensation
This paper has explored the determinants of the top management team (TMT) compensation. Specifically, it has examined the influence of ownership structure and the board of directors’ effectiveness on the TMT compensation in a sample of 274 most admired American firms of fortune magazine. When panel data methodology was applied, the results have shown that TMT pay level has not been affected by the...
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