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An institution theory approach to the relationship between organization and society
Gebhardt, Christian - 2011
results of an extensive ethnographic field study of the 2006 to 2008 Siemens corruption scandal. We find that this event did … corporate corruption with regard to its regulative, normative, and cultural-cognitive dimensions. It is therefore particularly … perspective we reconstruct the development of the institutional context of the phenomenon corruption as well as its effects on the …
Persistent link: https://www.econbiz.de/10009447139
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The Political Determinants of the Depth of Banking Crises
Winkler, Nicolas - 2006
Seit dem Ende der Bretton-Woods Ära haben zahlreiche Bankenkrisen Volkswirtschaften immense Kosten auferlegt. Die vorliegende Studie beschäftigt sich mit den politökonomischen Einflussfaktoren auf die Tiefe dieser Bankenkrisen. Es wird argumentiert, dass nur schnelle und tiefgreifende...
Persistent link: https://www.econbiz.de/10009471832
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Corruption and Central Banks
Schinke, Michael - 2005
welfare through their decisions. Yet, cases of central bank corruption abound. The dissertation provides examples of ?pure …? corruption in central banks. Only a few studies address corruption and similar, but not necessarily criminal, behavior of central … bank employees and governors, even though corruption in the central bank is obviously possible. By the very nature of their …
Persistent link: https://www.econbiz.de/10009484798
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Three Essays on Anti-Corruption Legislation and Reform
Nell, Mathias - 2007
in and that put their clout for the fight against corruption in question. Against this background, three novel anti-corruption …. What is more, legislation can also take advantage of these chinks to fight corruption effectively.In Section II it is … United Nations Convention against Corruption (UNCAC) are used as benchmarks. In addition, the respective legal provisions …
Persistent link: https://www.econbiz.de/10009484807
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The determinants of non-bank financial institution efficiency: A stochastic cost frontier approach
Worthington, Andrew C. - 1998
A two-stage estimation procedure is employed to evaluate non-bank financial institution efficiency. In the first stage, maximum-likelihood estimates of an econometric cost function are obtained for a cross-section of one hundred and fifty Australian credit unions. The results indicate that a...
Persistent link: https://www.econbiz.de/10009437442
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Cost efficiency, profitability and firm size of Thai insurance companies
Karim, Mohd. Zaini Abdul; Jhantasana, Chanta - 2005
With an increasingly open economic condition in Thailand, insurance firms exposed to competition should improve efficiency to ensure their survival. This paper examines the cost efficiency and its relationship with profitability of life insurance firms: Cobb-Douglas stochastic cost frontier...
Persistent link: https://www.econbiz.de/10009441662
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New evidence on the effect of CBOE options listing on the volatility of New York listed stocks
Mazouz, Khelifa - 2007
This paper re-examines the evidence on how the listing of options impacts on underlying stock’s volatility by taking into consideration the possible presence of a learning effect, along with the impact of the very endogenous nature of the options listing decision itself. Our analyses are...
Persistent link: https://www.econbiz.de/10009441663
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Endogenous mergers under multi-market competition
Kao, Tina; Menezes, Flavio M. - 2009
This paper examines a simple model of strategic interactions among firms that face at least some of the same rivals in two related markets (for goods 1 and 2). It shows that when firms compete in quantity, market prices increase as the degree of multi-market contact increases. However, the...
Persistent link: https://www.econbiz.de/10009448073
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Sector fragmentation and aggregation of service provision in the water industry.
Corton, Maria Luisa - 2011
This study analyzes the structure of the water industry in Peru. It investigates economies of scale and cost inefficiencies in 43 water providers during the years from 1996 to 2005. Different water sources in different geographical regions directly affect the production technology of the sector,...
Persistent link: https://www.econbiz.de/10009452206
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Cost efficiency in the Chinese banking sector: a comparison of parametric and non-parametric methodologies
Dong, Yizhe - 2010
Since the open door policy was embarked upon in 1979, China s banking sector has undergone gradual but notable reforms. A key objective of the reforms implemented by the Chinese government is to build an effective, competitive and stable banking system in order to improve its efficiency and...
Persistent link: https://www.econbiz.de/10009461097