Showing 1 - 10 of 71
The process of improving Corporate Governance in emerging markets touches on a number of different aspects of the market organization. One essential area is the regulation, scope, timing and of procedure for mandatory disclosure of information. Disclosure is very important for investors, since...
Persistent link: https://www.econbiz.de/10009220662
This paper provides a comprehensive discussion of the deterrence properties of a competition policy regime. On the basis of the economic theory of law enforcement we identify several factors that are likely to affect its degree of deterrence: 1) sanctions and damages; 2) financial and human...
Persistent link: https://www.econbiz.de/10008633331
We consider a model of law enforcement where homogenous, risk neutral, and corruptible inspectors are responsible for monitoring citizens who may have committed criminal acts. A welfare maximizing, budget constrained government can implement appropriate wage policies to prevent collusion, but we...
Persistent link: https://www.econbiz.de/10005619472
Traffic accidents are one of the leading causes of injury and death in the U.S. The role of traffic law enforcement in the reduction of accidents has been studied by relatively few papers and with mixed results that may be due to a simultaneity problem. Traffic law enforcement may reduce...
Persistent link: https://www.econbiz.de/10005623308
Forthcoming in the Journal of Public Economics. We study the consequences of leniency – reduced legal sanctions for wrongdoers who spontaneously self-report to law enforcers – on sequential, bilateral, illegal transactions, such as corruption, manager-auditor collusion, or drug...
Persistent link: https://www.econbiz.de/10005785844
Nigeria. It uses primary household level data from Nigeria to analyse the impacts of induced price variability on household …
Persistent link: https://www.econbiz.de/10011259267
This study examined the expenditure pattern of beef and chicken by individual households in Akoko South-West of Ondo State. The study was designed to estimate the monthly expenditure on beef and chicken; evaluate the influence of household income and household size on expenditure as well as...
Persistent link: https://www.econbiz.de/10011259641
evidence consistent with the idea that reticent managers lie. First, it shows that reticent managers in Nigeria report that … is, reticent managers in Nigeria report paying higher wages but they are not doing so. …
Persistent link: https://www.econbiz.de/10011260647
This study tests for the existence of currency substitution and attempts to gauge its magnitude in Nigeria. The … Nigeria and the ratio of deposits denominated in foreign currency in the domestic banking system to deposits denominated in … banking system in Nigeria. A major factor driving this process was exchange rate volatility especially real parallel market …
Persistent link: https://www.econbiz.de/10005079329
The recent effort by the Nigerian Central Bank to merge banks, sorely with the aim of increasing shareholders confidence and improved performance, triggered this study. Therefore, the paper measures and decomposes efficiency using the non-parametric approach popularly known as Data Envelopment...
Persistent link: https://www.econbiz.de/10009325618