Instead of traditional principal–agent conflicts espoused in most research dealing with developed economies, principal–principal conflicts have been identified as a major concern of corporate governance in emerging economies. Principal–principal conflicts between controlling shareholders and minority shareholders result from concentrated ownership, extensive family ownership and control, busine...

We present a new protocol to perform non-interactive verifiable secret redistribution (VSR) for secrets distributed with Shamir’s secret sharing scheme. We base our VSR protocol on Desmedt and Jajodia’s redistribution protocol for linear secret sharing schemes, which we specialize for Shamir’s scheme. We extend their redistribution protocol with Feldman’s non-interactive verifiable secret shari...

The pharmaceutical industry is accountable on the one hand to its shareholders and on the other to the community at large. These two obligations can, in principle, be met. However, the industry has developed practices that do not consider society, including excessive or inappropriate pricing of drugs, an indifference to the needs and limitations of the developing world, an imbalance between tru...