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For some, the question of what corporate governance is about is…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp198.pdf9 Jul 2023: 9. New Developments The first indication among the theories considered that economics might depart from this view of corporate governance comes in the work of Williamson (1985, 1996). ... Deploying the tools of transaction cost economics, he seeks to -
The principal focus of most current corporate governance research is …
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp237.pdf9 Jul 2023: It was argued that with this new theory, economics was for the first time able to analyze the firm itself; the neo-classical view was able to incorporate the workings of ... Power in a Theory of the Firm.” Quarterly Journal of Economics 113: 387-432. -
WP111 - inc. abstract
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp111.pdf9 Jul 2023: Indeed, conscious awareness may be a less efficient means for the brain to use.21 One of the first applications of these ideas in economics is the work of Robert Frank. ... It is also striking that the Tavistock piece is cited widely in the management -
THE EVOLUTION OF OWNERSHIP DISCLOSURE RULES ACROSS COUNTRIES Michael…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp391.pdf9 Jul 2023: At first sight it may seem that the methodological assumptions of economics are too far removed from those of systems theory for any kind of synthesis to be feasible. ... In place of the substantive rationality approach of mainstream law and economics, -
THE RISE AND FALL OF THE SIZE OF FIRMS
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp156.pdf9 Jul 2023: Acknowledgements This paper was mostly written when I was visiting the Centre for Business Research in the Department of Applied Economics of the University of Cambridge (UK), during the first term ... Yet, the point which needs to be stressed in this -
RECLAIMING THE RELATIONAL ONTOLOGY OF THE FIDUCIARY AND EXPLORING ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp534.pdf9 Jul 2023: 4. events. It is deductive reasoning which is extensively used in economics in mathematical-deductivism, where a dependency on the idea of event regularity is crucial, in order to make sense ... The first of these is the work carried out by critical -
EXPLORING EPISTEMIC VICES IN THE FIDUCIARY: INJUSTICE AND BEYOND ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp533.pdf9 Jul 2023: raising issues of epistemic hubris in the mainstream neoclassical economics profession more broadly. ... Compounding Economic Epistemic Hubris – The Fiduciary Context Having set out the argument for how the first sort of epistemic hubris (ones -
Financial Liberalization and Long Term Economic Development
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp245.pdf9 Jul 2023: Abstract The first part of this paper examines the theoretical and empirical case for full capital account liberalisation in developing countries(DCs) and finds it unconvincing. ... According to the first welfare theorem, a competitive equilibrium in the -
CHANGES IN CORPORATE GOVERNANCE OF EUROPEAN CORPORATIONS: CONVERGENCE …
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp259.pdf9 Jul 2023: The first approach, current in mainstream economics, is only concerned with the relationship between financiers of firms – mainly shareholders and banks (principals) - and their agents (managers) and with formal and informal ... I then proceed to -
www.eprg.group.cam.ac.uk Locational Marginal Prices (LMPs) for…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2318.pdf12 Dec 2023: In section 2 we consider the concept of locational prices and their use in economics. ... Section 6 offers some conclusions. The concept of locational prices and their use in economics. -
ENTREPRENEURIAL COLLABORATION: TERMS OF ENDEARMENT OR RULES OF…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp471.pdf9 Jul 2023: Despite differences in methodology and in policy implications, Marxist theory, dominant in the 1920s, and neoclassical economics, dominant in the 1990s, offered a similarly reductive account of law as subservient to ... Neoclassical economic theory -
PDF - On Keynes and China: Keynesianism 'with Chinese…
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp1402.pdf9 Jul 2023: The work’s author, Huan-Chang Chen (1881–1931), was one of the early Chinese-born candidates to gain a PhD in Economics in the US and the first to do ... A capable scholar, Xu was probably the first Chinese to be awarded a PhD in economics from -
LAW, TRUST AND INSTITUTIONAL CHANGE IN CHINA: EVIDENCE FROM ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp485.pdf9 Jul 2023: While neoclassical. 3. economics has provided elegant and tractable models of how a perfect market works (or would work, if it ever existed) to create a society-wide equilibrium, economics, in ... common with the social sciences more widely, has not yet -
WP373_Zumbansen
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp373.pdf9 Jul 2023: the scope of legal regulation of business in the context of Keynesian economics and Welfare statism, on the other. ... 8. which records the first two paradigms as epochs in an evolutionary, open-ended development. -
www.eprg.group.cam.ac.uk An overview of the electrification of…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2037.pdf11 Dec 2023: prospects for decarbonisation. EPRG Working Paper 2037. Cambridge Working Paper in Economics 20120. ... First, it is helpful to understand how energy demand in buildings is distributed across different end. -
CO-OPERATION IN PRODUCTION, THE ORGANIZATION OF INDUSTRY AND…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp481.pdf9 Jul 2023: p. 40). Liberal economics got around this distributional issue by arguing that factors of production are substitutes for each other in production. ... In it, the local production system is conceptualised as a ‘unit of investigation’ of industrial -
WP379_singh _reddaway_
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp379.pdf9 Jul 2023: Economy, the senior chair in economics in Cambridge. Reddaway held this. ... However, after obtaining a First in Part 1 Mathematics he opted for Economics. -
www.eprg.group.cam.ac.uk Overlapping Climate Policies EPRG Working…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2034.pdf11 Dec 2023: 2020), our first contribution is to provide new theoretical insight into the economics of. ... The economics of internal carbon leakage is similar to the first policy: the unilateral. -
NTS_EPRG WP 1116
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts1116.pdf6 Dec 2023: EPRG Working Paper 1116 Cambridge Working Paper in Economics 1137. Laura M. ... This paper shed some light on those issues, by presenting and discussing some of the important economics foundations of energy demand in general, and electricity in particular -
Capabilities, Corporate Governance and Social Rights
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp253.pdf9 Jul 2023: The notion of capabilities was developed first by Lancaster (1966) and Sen (1985, 1999), has more recently come to prominence in the debate over the European welfare state as a result ... 2. 3. The origin of the concept of capabilities: Lancaster and Sen
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