were designed to promote a disperse ownership and give managers a high level of discretion in running the company. By this … managers, and the threat of a takeover was not a credible one, since the government kept a golden share. There is no overall … evidence of capture of politicians and regulators by managers in the interest of shareholders, although evidence suggests the …

study is based on empirical investigation through semi-structured interviews administered to the managers of multinational …

analyzed from this perspective. Government bond regulation is argued to necessarily depart from ordinary approaches also … discusses repo and short-selling regulation in government bond markets. The atypical market structure and the multi- agency … competition, integrative infrastructure and basic systemic protections as over-arching principles for regulation is consistent …

wages. We find that the training rate of workers just above 40 is about 15-20 percent higher than the training rate of …

to an increase in the agent's employment probability and expected wages, in the sense of first order stochastic dominance … show that employment is positively correlated across time and agents, and the same is true for wages. Moreover … status or a smaller network, then that group's drop-out rate will be higher and their employment prospects and wages will be …