earnings strings that are, in turn, rewarded higher prices. It also demonstrates a valuation role of fundamentals in an MBEB phenomenon. Extending the previous set of analyses, the third set of analyses

out policies whereby only the personnel are required to declare their financial interest and employment with other entities, without extending such requirement to the “immediate family member” (i.e

reducing the problem of maturity mismatch when commercial banks taking short-term deposits but extending long-term loans instead, and the problem of currency mismatch when foreign loans are borrowed with

free trade agreement will be ongoing. The deadline for extending this transition period has passed. While this does not entirely remove the prospect that the transition period will be extended (for

Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE GOVERNANCE TO A HIGHER LEVEL 2011 This work is published on the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the Organisation or of the governments of its member countries. This document and any m...