February 2015

The effect of FDI on economic growth and the importance of host country characteristics

In spite of a large increase in FDI inflows to developing countries, the effect of FDI flows on economic growth remains confusing. The recent contribution of modern economic growth theories in general predicts that FDI can be the main catalyst of economic growth in the receiving countries. Empirical studies, however, produce ambiguous results, and suggest that the growth effects of FDI are conditional on the host...

Author(s): Hosein Elboiashi

February 2015

Relative consequences due to absence of corporate governance in nationalized and private commercial banks in Bangladesh

This study produces weak and ineffective corporate governance practices in both state owned and privately owned commercial banks in Bangladesh. The paper presents key aspects requiring reforms: the role, constitution and accountability of board, risk management, and transparency. To analyze the corporate governance practices of the private commercial banks (PCBs) and State owned commercial (SCBs), this study focused on...

Author(s): Rana Al Mosharrafa