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The level of shareholders' expertise and experience needs to be questioned as they wield greater clout and become more … deeply involved in strategic issues that should be the board's purview. This misdirected involvement distracts shareholders … from their principal and most important role: electing and overseeing boards. To play that role, shareholders must have the …
Persistent link: https://www.econbiz.de/10012556162
Good practices reduce costs and produce timely results; poor practices lead to waste and delays and are often the cause for allegations of corruption and Government inefficiency. Enhanced transparency in procurement through voluntary disclosure under the Right to Information (RTI) Act (2005)' is...
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"The authors compare the two merger control systems currently employed worldwide: a mandatory system based on merger size threshold and a voluntary system with ex-post monitoring and fines. The voluntary system possesses two informational advantages: (i) the enforcement agency employs more...
Persistent link: https://www.econbiz.de/10011394230
"This study reviews regulatory instruments designed to reduce environmental externalities from the transport sector. The study finds that the main regulatory instruments used in practice are fuel economy standards, vehicle emission standards, and fuel quality standards. Although industrialized...
Persistent link: https://www.econbiz.de/10011394161
"Regulation is purportedly enacted to serve specific social purposes. In reality, however, it follows a more complex … its justification and objectives, regulation can have potentially significant macroeconomic consequences by helping or … Serven provide an empirical analysis of the macroeconomic impact of regulation. They first characterize the stylized facts on …
Persistent link: https://www.econbiz.de/10010522729
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Since investment climate reforms in developing countries started gaining traction in the 1990s, most efforts have focused on issues at the national level, achieving varying degrees of success for reasons that are relatively well understood. This handbook provides an overview of efforts and...
Persistent link: https://www.econbiz.de/10012247636
inclusive way for the poorest households. Kosovo has made significant progress towards pro-competition regulation of product … markets but there is still significant room for improvement. Although the product market regulation (PMR) indicators are …
Persistent link: https://www.econbiz.de/10013545583