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-institutional theory and the concept of institutional entrepreneurship. The sustainability practices have been increasing in the social …
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We investigate the relationship between bankruptcy risk and expected future sales growth for Norwegian non-listed firms for the period 1988-2007. We find that firms with high bankruptcy risk also have high expected future growth. Financial ratios characterizing firms with high bankruptcy risk...
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The "law and finance theory" predicts that the common law system provides the best basis for financial development and … summarises the key points of the theory as well as a number of sceptical views. Moreover, it argues that the theory faces an … and finance theory, its proposition that a common legal tradition implies a similar set of legal rules and procedure to …
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