subsidy awards and depressed the influence of their corruption-related expenditures. We also examine the impact of these … changes: subsidies became significantly positively associated with future innovation after the anti-corruption campaign and …

country's commercial law appears particularly important in explaining the presence of restrictions on patentees' privileges …

Financial innovation has been both praised as the engine of growth of society and castigated for being the source of … the weakness of the economy. In this paper, we review the literature on financial innovation and highlight the …

The growth of the private equity industry has spurred concerns about its potential impact on the economy more generally … are not driven solely by common law nations such as the United Kingdom and United States, but also hold in Continental …

the nation and the private equity group. Investments in common law nations are structured similar to those in the U … covenants. By way of contrast, in nations where the rule of law is less established, private equity groups are likely to use … differences appear to have real consequences: larger transactions with higher valuations are seen in common law countries. These …