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9 Jul 2023: Abstract The 2007/8 financial crisis has reignited the debate about austerity economics and revealed that it is a highly contested yet poorly understood idea. ... Key dimensions of the post 2007/8 financial crisis debate about austerity economics are

9 Jul 2023: It is, however, taken forward from its standard form in the financial economics literature by being interpreted in a high technology context and pegged to specific target innovative characteristics. ... Because of the high technology focus of this study,

9 Jul 2023: Devalues Property and Legal Rights’, Journal of Institutional Economics, 11(4): 683-709. ... 1976) ‘Theory of the Firm: Managerial. Behavior, Agency Costs and Ownership Structure’, Journal of Financial Economics, 3(4): 305-60.

9 Jul 2023: CAPITAL ACCOUNT LIBERALIZATION, FREE LONG-TERM. CAPITAL FLOWS, FINANCIAL CRISES AND ECONOMIC DEVELOPMENT. ... 1. Capital Account Liberalisation, Free Long-Term Capital Flows, Financial Crises and Economic Development 1.

9 Jul 2023: Jensen, M. C. and W. H. Meckling (1976). “Theory of the Firm: managerial behavior, agency costs and ownership structure.” Journal of Financial Economics 3: 305-360. ... 2000). “The Innovative Enterprise and Corporate Governance.” Cambridge

9 Jul 2023: We do not consider takeovers involving financial and property companies because they are subject to special accounting requirements, making them difficult to compare with other companies. ... to the bidder at the end of the financial year prior to

9 Jul 2023: with their interactions with the provincial-level institutional factors of government quality and financial deregulation. ... The MICP index of financial competition captures the progress of regional financial deregulation, FIN_DREG.

9 Jul 2023: Financial Support from Cambridge Endowment for Research in Finance and the Malaysian Commonwealth Trust is gratefully acknowledged. ... Capital account has been associated with serious economic and financial crises in Asia and Latin America in the 1990s.

9 Jul 2023: 2. Do Stock Markets help Economic Development? The mainstream free market ideology that permeated financial market theory and development economics thinking recommended almost without reservation the establishment of stock markets in ... Parenthetically

9 Jul 2023: in political science (Hall and Taylor 1996), but also in organisation studies (DiMaggio and Powell 1984) and economics (North 1990; Acemoglu and Robinson 2012). ... variables in cross-country governance research in political economy, management, economics

9 Jul 2023: this legal support has led to an increased level of financial development (La Porta et al., 2008). ... in an economy, that is, the scale of lending to firms by banks and other financial institutions.

9 Jul 2023: and creditor protection was correlated with increased financial development (La Porta et al. ... time, resulting in uneven financial development (Acemoglu, Johnson and Robinson, 2001; Rajan and Zingales, 2003; Olsson, 2009; Roe and Siegel, 2011).

9 Jul 2023: These can further reduce the ability of private contracting to neutralise financial agency costs. ... The appropriate choice of minimum financial condition will depend on a number of variables.

9 Jul 2023: AN END TO CONSENSUS? THE SELECTIVE IMPACT OF CORPORATE LAW REFORM ON FINANCIAL DEVELOPMENT. ... Table 1f. Civil law countries Dependent variable: financial indicator. Excluded variable: legal index.

9 Jul 2023: POLIT. ECONOMY 1113 (1998). See also Simeon Djankov et al, The Law and Economics of Self-Dealing (2005), available at http://ssrn.com/abstract=864645 (and J. ... Financial Econ., forthcoming, 2008). 17 See, e.g., Sofie Cools, The Real Difference in

8 Dec 2023: www.eprg.group.cam.ac.uk. A VCG Auction for Electricity Storage. EPRG Working Paper 1613 Cambridge Working Paper in Economics 1628. ... Contact tg336@cam.ac.uk Publication April 2016 Financial Support Business, Economics, Planning and Policy for.

9 Jul 2023: In this new comparative evaluation, certain economists are scathing about the European financial and corporate governance systems. ... financial system has both positive and negative features in relation to promoting technological change.

9 Jul 2023: JEL Classification Numbers: G28, G29, G38 Keywords: systemic risk, international payments, financial regulation Acknowledgements. ... Receiver risk also exists in RTGS systems when financial institutions are indirect users.

9 Jul 2023: Their solution was to require managers to prioritise the purely financial interests of the corporation’s shareholders. ... financial crisis – the shareholder primacy model of corporate governance and purpose has been challenged.

9 Jul 2023: Panel data analyses reveal that financial performance had little causal impact upon diversification. ... Our analyses reveal that economic/financial performance had no causal relationship with diversification.