conditions of the stock market in Indonesia. In addition, we found that institutional and foreign ownership structures also had … ownership in determining their investment. In addition, stock market regulators in Indonesia can develop approaches to minimize … information asymmetry and encourage foreign investors to invest in Indonesia. …

Municipalities may have various motives for decisions on the mode of their task execution. Empirical studies – based on … of additional motives and to test these statistically. As we find, municipalities do not regularly evaluate the service … provision of their activities. Only in case of structural underperformance, municipalities consider a change of service provider …