addressing here is: should uncertainty about future preferences lead to a more conservative attitude towards environment … environment than ours, but this result relies heavily on the assumption of a separability between consumption and environmental … (impatience, intertemporal flexibility, natural capacities of regeneration of the environment, relative preference for the …

the use of environmental services and so is a direct cause of environmental degradation. The environment is valued both as … marginal discount rate allows us to avoid the depletion of the environment. …

support for the contention that the franchisors' performance is contingent on the ‘fit' between governance structure … (franchise proportion) and resources (critical human assets). In contrast, strong evidence that the governance …

This paper aims to ascertain the effects of convergence in governance on investment decisions among a sample of 43 … governance are considered to be areas of higher investment, as a result of further integration and collaborative action among … process and, to a large extent, this is about institutional transformation. Good governance institutions are an assurance to …

, with special emphasis on the role of governance. Based on the existing literature, we have categorized what types of … governance institutions are more detrimental to entrepreneurial investments. We have then estimated a simultaneous model of … private investment and governance quality where economic policies concurrently explain both variables. Our empirical results …