costs of state ownership and new insight into the corporate governance role of country-level institutions. Consistent with …. Moreover, we find that the strength of country-level institutions affects the relation between state ownership and the value of … with weaker institutions …

substitute some functions of missing institutions, for example, enforcing contracts. We investigate this by setting up a model …

substitute some functions of missing institutions, for example, enforcing contracts. We investigate this by setting up a model …

substitute some functions of missing institutions, for example, enforcing contracts. We investigate this by setting up a model …

substitute some functions of missing institutions, for example, enforcing contracts. We investigate this by setting up a model …

This paper sheds new light on how African countries’ legal systems and institutions influence the governance and …-in-difference approach, we also reveal that those reforms mediate the impact of institutions on banks. If countries have a corporate …

This paper deals with the evolution of corporate governance institutions that were imported into Russia in the 1990s … interests of various stakeholders prompts a hypo-thesis as to why initial rejection of new institutions of corporate governance … governance’. We argue that in Russia imported institutions tend to mutate, i.e. to work differently than in the eco-nomic systems …