Showing 1 - 7 of 7
This study is a comprehensive, empirical analysis of the linkages between governance, institutions, and regional … infrastructure. The empirical results indicate that governance and institutions are crucial for regional infrastructure development … : every one point improvement in governance results in a 1 to 1.5 point rise in regional infrastructure. Countries (and …
Persistent link: https://www.econbiz.de/10009363303
The primary objective of this paper is to find whether or not the governance and institutions matter for enhancing … Asias trade. In this study, we have performed a comprehensive empirical analysis of the linkages between governance and … trade at the Asian subregional level. Our results indicate that all individual governance indicators except regulatory …
Persistent link: https://www.econbiz.de/10009365058
properly designed - leniency may simultaneously provide an effective governance mechanism for occasional sequential illegal …
Persistent link: https://www.econbiz.de/10005124229
reciprocal exchange to lifetime employment, from relational governance to corruption/collusion. We study how agents …
Persistent link: https://www.econbiz.de/10005136656
Recent events in several countries have underscored the importance of good governance in private occupational pension …. Under complete contracting, governance can be shown to be neutral: DC and DB plans differ only on risk allocation. If …
Persistent link: https://www.econbiz.de/10005497828
Contracts often reward inefficient tasks and are not enforced ex post. We provide a new explanation based on the relationship between explicit contracts and implicit agreements, distinguishing the ex-ante decision to sign a contract from the ex-post decision whether to apply it. We show that it...
Persistent link: https://www.econbiz.de/10008854495
Recent research on central bank governance has focused mainly on their monetary policy task. As the sub-prime loan … also in ensuring their soundness and stability. In this paper we study the specific corporate governance structures of a … public governance literatures, where present. Our analysis highlights a striking variety in central bank governance …
Persistent link: https://www.econbiz.de/10005656403