Varuna L. Ramlal

Biography

Article Title

Corporate Governance and stock market performance in Trinidad & Tobago

Abstract

This paper seeks to investigate corporate governance and its interaction with the stock market in Trinidad & Tobago. The analysis first focuses on the construction of a Corporate Governance Index for Trinidad & Tobago (CGITT) by considering the key corporate governance elements listed in the Corporate Governance guide given by the Central Bank of Trinidad & Tobago and generally accepted Corporate Governance practices. The index values are then calculated for each of the firms listed on the Trinidad & Tobago Stock Exchange (TTSE). The analysis then proceeds to estimate the relationship between firms’ levels of corporate governance and their stock market performance, where the latter is measured by the firms’ financial ratios. This is done using panel data econometrics for a period of three years – 2008, 2009 and 2010.

Schedule


A detailed schedule may be found HERE
Book Fair and Cultural Exhibits 12:00 pm – 5:30 pm
Keynote Reception 5:00 pm – 6:00 pm
Conference Opening 6:00 pm – 8:30 pm


Morning Session 8:30 am – 12:00 pm
(Includes a 10-minute coffee break)
Luncheon & Cultural Interlude 12:00 pm – 12:45 pm
Afternoon Sessions 1:00 pm – 4:00 pm
4:15 pm - 7:00 pm
7:30 pm - 9:00 pm
Book Fair / Historical and Cultural Exhibits Continue 9:00 am – 5:30 pm


Morning Session 9:00 am – 11:15 am
Luncheon & Cultural Interlude 11:15 am – 12:15 pm
Afternoon Sessions 12:20 pm – 3:20 pm
3:40 pm - 5:10 pm
Book Fair / Historical and Cultural Exhibits Continue 9:00 am – 5:30 pm
Closing Plenary and Cocktail Reception 5:30 pm – 7:00 pm

*Plenaries will be scheduled during morning and luncheon sessions.

Persons whose papers have been accepted present on Day Two and Three of the conference.