We find that Sarbanes-Oxley (SOX) had two significant effects on the audit market for nonpublic entities. The first short-run effect stems from inelastic labor supply coupled with an audit demand shock from public companies. As a result, private companies reduced their use of attested financial...

The purpose of this research is the development of theory on how industrial ecosystems can be driven by policy and government interventions, especially when motivated by the pursuit of “technological sovereignty” as political objective. Theoretical foundation of the research forms a...

Using the concept of global democratic retreat as a background, this article analyses the particular case of abuses committed by intelligence agents working for the US Department of Commerce (DOC) over a 16-year period. Given the complexity of the case, we approach it from different vantage...

Applying the Secondary Standard Deviations method, this book analyzes how to specify the stability or instability in resource allocation under long-term multidimensional public policies. The book proposes a method for characterizing the dynamics of resource allocation, as well as a calculation...

This report assesses the impact of regulations and the regulatory process in Germany on trade and investment, as well as the extent to which market openness considerations are incorporated into the general policy framework for regulations. The assessment is based on six efficient regulation...

The local economical development is part of the general logic for the decentralization process, offering substance to the local autonomy, because we can’t assure at local level only the obligation for the assurance of administrative activities, keeping at the same time the economic levers in...

The local economical development is part of the general logic for the decentralization process, offering substance to the local autonomy, because we can’t assure at local level only the obligation for the assurance of administrative activities, keeping at the same time the economic levers in...