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Regulatory Measures to Dismantle Pyramidal Business Groups : Evidence from the United States, Japan, Korea and Israel
Hamdani, Assaf - 2020
Large business enterprises, from the railroad barons of nineteenth century America to Amazon and Google today, are often perceived as important for economic performance and, at the same time, as potential abusers of their political and economic power. In this study, we compare the experiences of...
Persistent link: https://www.econbiz.de/10012823144
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The Great Pyramids of America : A Revised History of US Business Groups, Corporate Ownership and Regulation, 1930-1950
Kandel, Eugene - 2013
Most listed firms are freestanding in the U.S, while listed firms in other countries often belong to business groups: lasting structures in which listed firms control other listed firms. Hand-collected historical data illuminate how the present ownership structure of the United States arose: (1)...
Persistent link: https://www.econbiz.de/10012458971
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Does Trust Matter? Corruption and Environmental Regulatory Policy in the United States
Dincer, Oguzhan C.; Fredriksson, Per G. - 2013
This study shows that the level of trust matters for how corruption affects public policy outcomes in the long run, in … particular with regard to the stringency of environmental policies. We argue that the level of trust affects the relative …-run cointegrating relationship between environmental policy, corruption, and trust using Dynamic OLS. We find that higher corruption …
Persistent link: https://www.econbiz.de/10014152410