If audits serve as formidable internal monitoring tools which facilitate corporate governance, and Corporate Social Responsibility has been proven to serve as “an extension of corporate governance”, as well as a signaling device, are both tools not instrumental in promoting Foreign Direct Investment? Through an analysis and evaluation of the literature relating to audits and Corporate Social Responsibility, this chapter aims to investigate the above claim and question on how Corporate Social Responsibility, as “an extension of corporate governance”, as well as a signaling mechanism, could facilitate and promote Foreign Direct Investment.

As well as illustrating wider and interrelated repercussions of plunging oil prices on the global economy – and its impact on global financial markets, this chapter also re affirms the realization that the strong form of the Efficient Market Hypothesis appears to introduce less accountability than the weak and semi strong components. Even though it appears that fundamentals underlying previous Financial Crises and recent volatilities differ, recent evidence also provides interesting information about turbulences that currently plague global stock markets. Can previous historical records be relied upon (reasonably or otherwise) to predict future outcomes? Where predictability (redictive values) and confirmatory attributes (confirming values) constitute components of relevance in financial reporting, then it appears that certain historical reports, data and information based on the age and relevance of such data, still constitute relevant and reliable data given that such information is current, relevant and reliable in the sense that it can be predicted upon, confirmed and verified.

If audits serve as formidable internal monitoring tools which facilitate corporate governance, and Corporate Social Responsibility has been proven to serve as “an extension of corporate governance”, as well as a signaling device, are both tools not instrumental in promoting Foreign Direct Investment? Through an analysis and evaluation of the literature relating to audits and Corporate Social Responsibility, this chapter aims to investigate the above claim and question on how Corporate Social Responsibility, as “an extension of corporate governance”, as well as a signaling mechanism, could facilitate and promote Foreign Direct Investment.

Rising oil prices, steel prices - as well as the stronger dollar certainly impacted the financial markets during the latter part of May 2016. So also, the expected announcement of higher interest rates in June 2016 by the Federal Reserve. As well as illustrating the impact of financial shocks for emerging economies, this chapter also illustrates the impact of financial shocks for smaller – as well as more advanced economies. Having highlighted through the entire volume, the macroeconomic consequences of the changes and fluctuations of commodity prices – as reflected through the recent global financial market volatilities. This chapter will also focus on the main channels through which commodities price fluctuations affect business cycles in EMEs.