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Purpose – The purpose of this paper is to explore the role of legal institution building during the process of China … research and comparable approaches which explore the interactions of legal institution building and economic reforms in China …. Studies on China case find that legal institution building in China has often been taken as a tool to realize the ruling party …
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We consider the combined impact of agency problems and social fairness norms on venture capital/entrepreneur contracting and performance. Particularly, we develop a behavioural game-theoretic model in which a venture capitalist and an entrepreneur negotiate over their respective equity shares,...
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This paper investigates the effect of investor protection, political stability, financial development, trade openness, education and legal openness of foreign direct investment (FDI) regimes on forms and ownership of FDI in host countries. Host countries with stronger investor protection, more...
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A bona fide morality favours a consistent free market capitalist system of law. If there are dangers and temptations …
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