Bridging capital discipline and energy scenarios

Does Competition for Capital Discipline Governments

Many political economists believe that competition among countries—or regions within them—to attract mobile capital disciplines their governments, motivating them to invest more in infrastructure, reduce waste and corruption, and spend less on non-productive public goods. The result should be convergence on business-friendly policies and clean government. The notion that mobile capital discipli...

energy scenarios

Does Competition for Capital Discipline Governments? Decentralization, Globalization and Corruption

Many political economists believe that competition among countries—or regions within them—to attract mobile capital should discipline their governments, rendering them less corrupt and more friendly toward business. This argument surfaces repeatedly in debates over both political decentralization and globalization. We argue that it is based on an assumption— countries or regions start out ident...

Corporate Governance , Capital Market Discipline and the Returns on Investment

Corporate Governance, Capital Market Discipline and the Returns on Investment* by Klaus Gugler, Dennis C. Mueller and B. Burcin Yurtoglu We analyze the impact of corporate governance institutions, ownership structures and external capital market constraints on company returns on investment by using a sample of more than 19,000 companies from 61 countries across the world. We show that (1) of th...

measuring bridging social capital: sam scale

objective: we measured concept of bridging social capital by a new tool . all items used in the scale are in agreement with the theoretical literature on this concept. method: the research method was survey. the sample population was 376 students of isfahan university which were sampled through cluster sampling of multiple stages. after making a list and confirming the validity of questions by ...