We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade … (1995–2005) in the Czech Republic. During this period the integrated control potential of the state resembled a corporate … pyramid. While pyramidal control was not fully utilized, the golden share in the hands of the state substantially enhanced its …

quality of governance) and the degree of market segmentation (depending on the level of ethnic fractionalization). The model …

We analyze whether or not the globalization of capital, ‘disciplines’ governments and improves governance. We … demonstrate that globalization affects governance, by increasing a country’s vulnerability to sudden capital flight. This … increased threat of capital flight can discipline governments and improve governance and welfare by placing countries in a …

recipient. In-kind or restricted transfers may be used, among others, to control a recipient’s moral hazard behavior but may be …’s moral hazard behavior (i.e., improvement in the level of governance) leads to a fall in the proportion of tied aid. We test …

This paper discusses rising enrolment rates, access, governance, underperformance in research and teaching, lack of … governance, more competition and internationalisation. Apart from providing mutual policy learning opportunities, cross …

and study if the bank losses can be traced to the quality of bank governance. For this purpose, we examine the … supervisory board (in-)competence in finance is related to losses in the financial crisis. Improved bank governance is therefore a …