After 1984 the New Zealand economy underwent a radical transformation, moving from, arguably, the most regulated economy in the western world to the world’s freest market economy (Passow, 1992). One aspect of this economic ...

Numerous studies have explored the relationship between corporate governance and corporate financial performance - see Zahra and Pearce (1989) for a review. In contrast, only a few studies have looked at corporate governance ...

Remarkably little is known about the boards of directors of New Zealand companies. The most recent research in this area was conducted by Turner (1985) who examined CEO duality among listed companies for 1984, and Chandler ...

Boards of directors are believed to influence corporate performance. Such influence may be direct, e.g., through boards monitoring management, or indirect; through the actions of a Chief Executive Officer selected by the ...

The purpose of this paper is to determine whether New Zealand capital markets are efficient. To do this we investigate two competing models of investor decision making in the context of the New Zealand Stock Exchange. The ...

This study has two objectives. The first objective is to address the issue of management versus owner control of New Zealand public listed companies. Specifically the focus is on the extent to which shareholders in New ...

Attempts by the government of New Zealand to redress past inequities to Maori will inevitably play an important part in future economic development for Maori. While some attention has been given to economic development for ...