Decisions on profit distribution can easily become a tantalizing matter in family firms. In many jurisdictions, the decision to distribute or retain a corporation’s profits stands or falls on the votes of the majority shareholders. Thus, the majority can turn a corporation’s dividend policy...

Between 1996 and 1998 California and Texas eliminated the use of affirmative action in college and university admissions. At the states' elite public universities admission rates of black and Hispanic students fell by 30-50 percent and minority representation in the entering freshman classes...

In this work we set out to examine how the effective separation of powers in a political system, secures increased accountability and reduces the incentives of agents to try to corrupt officials. We summarize the main results of the existing literature that examines both these relationships and...

"This book gathers the outcomes of various, extensive research efforts on building a moderately prosperous society in minority areas, which would allow China's poor and poverty-stricken areas to comprehensively join the rest of society. Offering an essential reference guide, the book will help...

In Europe exist over 200 languages of which only 24 are official languages of the EU. What effect do have minority and regional languages onto prosperity? Is there any correlation between the language use and regional GDP per capita? How does affect the meaning of an own regional language the...