Governance and Economic Performance: A Survey

survey the relationship between some corporate governance instruments and economic and financial measures of performance

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Corporate Governance: Effects on Firm Performance and Economic Growth

Corporate Governance, Innovation, and Economic Performance in the EU

It is well appreciated that demographic trends threaten the integrity of continental European systems of social security. For France, these trends imply a long term funding crisis as well as a crisis of confidence in national economic and social institutions. The funding of social security is a recurrent largely unresolved political issue; proposals for comprehensive reform are heavily conteste...

Corporate Governance, Innovation, and Economic Performance in the Eu (cgep)

The dominant role of banks, the system of co-determination and company-centered management are traditionally seen as the critical elements of the German system of corporate governance. Important changes have taken place in recent years in this system. Of particular importance have been developments in the relationship between German corporations and the financial system. Particularly in the lat...

Social Trust and Economic Governance

The paper investigates the dynamic relationship between social trust and economic governance using a principal-agent model with stochastic returns. To mitigate the inherent moral hazard problem both intrinsic and extrinsic incentives are useful. The cooperative tendency of an agent measures his intrinsic discipline against shirking, the distribution of which characterizes social trust in societ...