Knowledge Management (KM) is one of the hottest topics in both of the industrialized world and information research world. In our daily life, we deal with the most related systems, which were Financial Information Systems (FIS). These systems have closely linked with all aspects of administrative organizations. As a result of this link, the KM has contributed in developing FIS as attempts to ha...

We report an intriguing empirical observation. The relationship between corruption and output depends on the economy’s degree of openness: in open economies, corruption and GNP per capita are strongly negatively correlated, but in closed economies there is no relationship at all. This stylized fact is robust to a variety of different empirical specifications. In particular, the same basic patte...

systematic and widespread corruption; a problem in russia’s transition period russia is among those countries that are grappled with widespread and systematic corruption in state organizations. meanwhile, different russian governments have failed to reduce the scope of corruption. this article studies nature, roots and repercussions of corruption and analyzes approaches to combat it in russia. ...

The paper presents, by means of a structural equations model, an account of the economic freedom factors and their importance. Considering that economic freedom manifests through: business freedom, trade freedom, fiscal freedom, government size, monetary freedom, investment freedom, financial freedom, property rights, freedom from corruption and labour freedom. Results show that all the conside...

Since the 1990s, a number of anti-corruption conventions have been adopted due to pressure from international financial institutions, donor countries and governments of major industrialised nations. One of these conventions is the Anti-corruption Protocol adopted by the Southern African Development Community. This article examines this Convention against the backdrop of the principal–agent–clie...

In this article, we examine a broad sample of socially responsible (SR) and conventional mutual funds with respect to financial and ethical parameters. We cannot document profound differences in their financial performance. With regard to ethical performance, we indeed find that an investor who seeks to avoid the least ethical of all available funds can do so by purchasing SR mutual funds. Stil...

Background: In order to achieve development, there is a need to pay attention to corruption, violence and poverty of nations, which stems from the lack of economic ethics and business environment ethics. Fundamental elimination of corruption, violence and poverty of nations in line with the practical motivations of economic development will not be possible except with the growing link between e...