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Joint-stock companies are among the most fundamental components of a market economy. “Voucher privatization” in the Czech Republic saw an abrupt mushrooming of joint-stock companies where none had appeared for over a generation. This occurred in an environment lacking in guiding...
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The economic theory of the last decades deals with how certain models of institutions and incentives could improve the …
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line between lobbying and corruption. The text also deals with the assessment and measurement capabilities of different …
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corrupt actions. In the last section, the paper provides a definition of corruption that fulfills all the analytical …English Abstract: The aim of the article is to present and analyze some approaches to the phenomenon of corruption. The … institutional frameworks where a human action, referred as corruption, may take place. The fourth section presents a critical …
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theory and rent-seeking understand the problem of corruption and the problems of suggested public policies deduced from both … within which the problem of corruption occurs, rent-seeking lacks the positive definition of rules which determine how the …English Abstract: The aim of the thesis is to explain the problem of corruption from the perspective of two different …
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