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The conflict of interests between controlling and minority shareholders is an important issue in firms with concentrated ownership. We document that the controlling shareholders' expropriation behavior through tunneling or self-dealing is much severer in politically connected firms. The results...
Persistent link: https://www.econbiz.de/10013132344
The purpose of this concept paper is to suggest a theoretical framework for understanding the post-privatisation performance of statutory bodies, subject to government shareholding. We identify a suitable model, from the analytical economics literature. We argue that this model is a...
Persistent link: https://www.econbiz.de/10013273495
Persistent link: https://www.econbiz.de/10014253587
В условиях глобализации все больше увеличивается значимость вопроса повышения конкурентоспособности экономики, которая диктует необходимость формирования...
Persistent link: https://www.econbiz.de/10011269930
Sustainability is indeed one of the most significant challenges facing the world today, driven by a multitude of interconnected issues, including climate change, social inequality, and environmental degradation. In response to these challenges, various stakeholders, including policymakers,...
Persistent link: https://www.econbiz.de/10014442946
Comparative analysis of CSR allows characterizing both corporate society and market institutions. Even though transition economies have backwardness of corporate governance institutions and include premature CSR, Russian CSR, paradoxically speaking, can be regarded as hyper one, and specific...
Persistent link: https://www.econbiz.de/10009018855
This paper examines the extent to which firm-specific levels of auditor-independence are codetermined with alternative inputs to governance production. We identify a number of governance-producing mechanisms that are causally or simultaneously related to auditor independence. These results are...
Persistent link: https://www.econbiz.de/10005724296
Most considerations of knowledge management focus on corporations and, until recently, considered knowledge to be objective, stable, and asocial. In this paper we wish to move the focus away from corporations, and examine knowledge and national innovation systems. We argue that the knowledge...
Persistent link: https://www.econbiz.de/10009483448
Der vorliegende Beitrag stellt eine neue, umfassende Datenbank über die politischen Agenden Deutschlands vor und zeigt ihr Potenzial in der politikwisssenschaftlichen Forschung auf. Dazu fassen wir im ersten Teil den theoretischen Hintergrund – Agendasetzung – kurz zusammen und stellen...
Persistent link: https://www.econbiz.de/10014503683
This paper evaluates the impacts of increasing female representation in Bolivian municipal councils on public policy choices and welfare outcomes. By combining detailed administrative panel data on municipal expenditures and revenues together with electoral data, an innovative regression...
Persistent link: https://www.econbiz.de/10011287263