This paper takes as its starting point Henry Neuburger’s injunction that taxationmust be seen as a contribution to the maintenance of the welfare state, not as adead-weight burden. It sets recent developments in the UK tax ratio in thecontext of changes in public spending, particularly on...

By using official time series of the Italian evaded VAT base (Ministry of Finance) for the period 1980-2004 we investigate empirically the long-run characteristics of tax evasion and the relationship with the tax burden. We focus on three important issues not analyzed so far[...]

Als Steuerbelastungsindikator findet die Konzernsteuerquote trotz ihrer methodischen Schwächenzunehmend Verbreitung. Aus steuerlicher Sicht stellt sich die Frage, ob die quantitativeMessung der vollständigen und realitätsnahen unternehmerischen Steuerbelastung mit Hilfeder Konzernsteuerquote...

Financial interlinkage, in the form of cross-holding of equity and debtbetween firms, characterizes business groups in many countries. We suggestthat such financial interlinkage can be viewed as a way to solve creditrationing caused by asymmetric information. If firms possess better...

Institutions that rely on joint liability to facilitate lending to the poor have a long historyand are now a common feature of many developing countries. Economists have proposedseveral theories of joint-liability lending that stress various aspects of its informational andenforcement advantages...

This paper analyzes how group lending programs use joint liability to utilize localinformation that borrowers have about each other’s projects through self-selection of groupmembers in the group formation stage. These schemes are shown to lead to positiveassortative matching in group...

This study analyses the pedagogical model of the on-line BA Enterprise programme, E-CollegeWales initiative designed by the University of Glamorgan. Specifically, this study evaluates theblended pedagogical model that has emerged within this programme, utilising a case studymethodology...

This study focuses on student and tutor perceptions of effective e-moderation on an online undergraduate Enterprise degree, designed by E-College Wales (ECW) the e-learning arm of the University of Glamorgan. E-moderation describes the role and duties of the online tutor. Existing research...