Examines the economic case for rules of company law which regulate the raising and maintenance of share capital by companies. Argues that the current rules are unlikely to enhance the efficiency of the markets which they regulate, and makes a tentative conclusion.

Many potential entrepreneurs face the choice as to whether they should collaborate when setting up in business. Small business research has generated little in the way of information or advice on collaborative entrepreneurship. This paper goes some way towards addressing that lack. The paper...

This paper analyses the impact on the professions of changes in their institutional environment during the last two decades. A comparison is being made between two profession - solicitors/advocates and pharmacists - in the contrasting societal contexts of Britain and Germany. It is suggested...

The empirical data suggests that the ownership structure of the CIS firms studied did not determine productivity improvements during the years 1995-97. This finding indicates that within this time period, ownership structure was not the main determinant in explaining improvement in...

The British film industry has long been characterised as highly volatile, chronically unstable and liable to recurrent crises. The traditional policy response up until the 1980s involved support through a mixture of quotas, fiscal support and industry levies. During the 1980s this policy stance...

It is argued here that - contrary to current conventional wisdom - an active market for corporate control is not an essential ingredient of either company law reform or financial and economic development. The absence of such a market in coordinated market systems during their modern economic...

In this paper, I briefly review the motivations for inventive behavior and describe two common incentive systems that harness and encourage such behavior. This review of well-trodden ground is performed only so that the implications of the rise of the networked knowledge economy for the...

Corporate Social Responsibility (CSR) is usually an area that does not lend itself easily to inter-company or cross-country analysis. This paper is an attempt to provide some metrics of multinational CSR drawing on the recent literature on social capital. We look at the self-reporting of social...

We present evidence on the evolution of labour law in five countries (the UK, USA, Germany, France and India) using a newly-created dataset which measures legal change over time. The results cast light on the claim that legal origin, or the influence of common law and civil law regulatory...

The objectives of this research are to provide new ways of thinking about and measuring the extent and effectiveness of multinational company efforts to contribute to society via their corporate citizenship (CC) (or corporate social responsibility - CSR) programmes. It uses as its method of...