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 …

(Flyvbjerg, 2006). This study also identifies the extent to which the transaction costs approach applies to temporary governance … the understanding of megaprojects, as governance structures. After a brief overview of the difference forms of governance … to this hybrid form of governance, not initially considered by Williamson's contributions (section III). …