This book offers a concise but thorough analysis of the International Monetary Fund reform debate. Since the advent of the Asian financial crisis in the late 1990s, a lengthy deliberation has ensued over whether the IMF should be reformed, abolished, or left as is. The authors approach this...

This book presents an overview of the economics and politics implemented in the European Union and especially the Eurozone during the crisis of 2008-2012. Although it focuses on these four years, the analysis starts from the establishment of the European Union and covers the period up to the...

Introduction -- Determinants of Institutional Quality: a Case Study of IMF Programme Countries -- Institutional Quality, Macroeconomic Stabilization and Economic Growth: a Case Study of IMF Programme Countries -- IMF Programmes and Institutional Quality Determinants: Economic Scenarios in...

Liam Clegg provides an innovative reading of where power lies in the institutions' concessional lending operations, drawing its focus on shareholders and stakeholders from staffs' own understandings of their operational environments

This book examines the role that the IMF has played in the management of financial crises in developed nations. The topic is of particular significance in light of the global financial crisis that emerged following the collapse of American sub-prime mortgage markets in 2007, and the subsequent...

This book analyzes how and under what conditions collaborating corporations can effectively manage relationships with their suppliers in order to decrease the risk of suppliers’ noncompliance with codes of conduct and standards. In so doing, it represents an important addition to the...

This new book examines the relationship between agency theory and executive pay. It argues that while Jensen and Meckling (1976) were right in their analysis of the agency problem in public corporations they were wrong about the proposed solutions. Drawing on ideas from economics, psychology,...

This book examines trends and challenges in research on IT governance in public organizations, reporting innovative research and new insights in the theories, models and practices within the area. As we noticed, IT governance plays an important role in generating value from organization’s IT...

The book addresses the entrepreneurial origin of the capitalist firm and its asymmetric contractual relationships between capitalists, workers, managers and entrepreneurs, and explains the origin of the firm by focusing on entrepreneurship. A hidden action model shows how assigning residual...

Sebastian Burchhardt develops a game theory model that analyzes the possible behavioral patterns of employees during MA processes and the impact of such patterns on the success of the transaction itself. The result is the development of a principal-multi-agent model that allows for endogenous...