This paper presents an integrated overview of the literature linking institutions, financial development and economic … impact of institutions on growth through financial development. …

institutional economics literature has long maintained that one way institutions influence economic growth is by impacting the …

This study examines the governance attributes of post-IPO (initial public offering) retained ownership of private … and the advantages of maintained governance by both business angels (BA) and venture capital (VC) private equity. Our … on multifocal corporate governance mechanisms. …

Quality of institutions has been found to positively affect Foreign Direct Investment (FDI) flows. This, however, fails … to explain the flow of FDI into countries with poor quality of institutions like India and China. This paper shows that … in quality of institutions between the host and home countries after controlling for market size and market opportunity …

neglected by the extant literature: laws help reduce firms' bonding costs to strong corporate governance. We argue that … corporate insiders (outside investors) have little incentive to voluntarily supply (demand) strong corporate governance in weak … legal regimes because such voluntary bonding is not a credible commitment. However, once a corporate governance provision is …