Article history: Received 7 August 2014 Received in revised form 20 June 2015 Accepted 29 June 2015 Available online 9 July 2015 This study investigates whether a firm with strong corporate governance (CG) requires political connections (PCs), that is, we examine whether CG and PC substitute for or complement each other. Using 71,069 individual bank loan contracts from Taiwan, we examine how lo...

BACKGROUND Researchers have long recognized the importance of a central government's political "commitment" in order to mount an effective response to HIV. The concept of political commitment remains ill-defined, however, and little guidance has been given on how to measure this construct and its relationship with HIV-related outcomes. Several countries have experienced declines in HIV infectio...

This article proposes a political economy of extraction framework that accounts for political order and state collapse as alternative outcomes in the face of lootable wealth. Different types of institutions of extraction can be built around lootable resources—with divergent effects on political stability. If rulers are able to forge institutions of extraction that give them control over the rev...

In an effort to evaluate socio-political instability, we studied the relationship between dynamic order, socio-political upheavals and sustainability in nation states. Estimating the degree of dynamic order inherent in the socio-political regime of various countries throughout theworld involved applying Fisher information theory to data from the Political Instability Task Force database. Fisher...

Abstract Principles of global political justice define how society's governing institutional powers should be constituted, and by whom they exercised. Political seeks to establish legitimacy under moral constraint—achieved through forms governance function, inclusion participation that respect the equal autonomy all individuals within order as a whole. Over last century, dominant model has been...