A scientific, economic relationship among self, society and nation is still not clearly known in philosophy, sociology and economics because of lack of concrete historical human data that would enable to substantiate it. Humanity experienced many conflicting economic and political systems. Consequently, philosophers, sociologists and economists have been investigating to study the economic rela...

In this paper, we study the corporate transparency choices of firms operating in a weak institutional environment. We argue that in relationship-based systems, high levels of corporate transparency and strong political connections are alternative means to create firm value. Firms can try to commit to more transparency by issuing securities abroad. However, the expanded disclosures and additiona...

Political scientists have largely ignored conservation biology and its central concern, biodiversity. Consider two indicators and an anecdote. The indicators concern publication trends and faculty hiring in political science. In the past 20 years, the top five political science journals, as measured by their impact factor scores, have published one article focusing on biodiversity conservation ...

Although political participation can take many different forms within a democratic regime, there is no doubt that in one way or another the notion is central to the very idea of a democracy. It is difficult to find a piece of research reported in contemporary journals of political science that does not purport to describe some form of political participation: studies of the voter, the party act...

We estimate the market valuation of personal ties to Richard Cheney. Our proxies for personal ties are based on corporate board linkages that are prevalent in the network sociology literature. We consider a number of distinct political and personal events that either affected Cheney’s political fortunes or his ability to hand out political favors. Specifically, we consider: (a) market reaction ...

This paper argues that despite a growing body of scholarly literature on Sir James Steuart, his theory of history and influence on Marxian political economy has been largely ignored. The approach of this paper is motivated, in part, by Marx’s sympathetic treatment of Steuart found in the opening of his Theories of Surplus Value, and in scattered asides throughout the remainder of his work. We a...

Using a sample of Chinese family firms from 2000 to 2007, we investigate whether the political connection of the family firms will help them to reduce the frictions they face in external financing in a relationship-based economy. We find that political connectedness of family firms could reduce their investment-cash flow sensitivity. More interestingly, this political connectedness effect exist...

As I use the term here, the central component of political liberalism holds that political institutions are not to be guided by substantive principles of the good about which reasonable people may disagree. If a particular policy or institutional action is a requirement of justice, this cannot be because this policy or action promotes human welfare, well-being, or flourishing. Morality, on the ...

Understanding political phenomena requires measuring the political preferences of society. We introduce a model based on mixtures of spatial voting models that infers the underlying distribution of political preferences of voters with only voting records of the population and political positions of candidates in an election. Beyond offering a costeffective alternative to surveys, this method pr...