Role of governmental and non-governmental organizations in rural development is a hot topic for debate in the changing global perspective. However, this topic has never been studied rigorously and hence there is a lack of literature. This study analyzed, in detail, the role of different organizations in the community development, by considering a case of a developing country. The example considered showed that government is loosening its relevancy in the development works and in the changing perspectives non-governmental organizations are found to have higher efficiencies with better...

Executive compensation, especially in the financial sector, has long been the hot topic for debate. It recently got highlighted once again due to the global financial crisis that showed up as early as in 2008. The outcry is due to the existence of large proportion of performance-based compensation that encourages executives to take high risks in order to generate short-term profits, disregarding firms future vulnerabilities. The finding showed no formal evidence for above hypothesis although many researchers argued in favor of some sort of executive compensation regulation based on...