This study examines the effect of world governance indicators on corporate borrowing decisions being measured as long-term debt ratio. This paper considers the non-financial firms listed in the stock exchanges of the G8 countries: Canada,

This paper examines the effect of institutional changes on corporate financial performance. The effect is examined into this dimension: the effect of World governance indicators (WGIs) on earnings yield. The paper includes the nonfinancial firms listed in the stock exchanges of the MENA region countries: Bah-