Results 151 to 160 of about 498 (264)

Broke Autocrats, Broken Elections: Trade Shocks and Electoral Fraud in Autocracies

open access: yesEconomics &Politics, EarlyView.
ABSTRACT We argue that when terms‐of‐trade (ToT) shocks reduce resource rents, autocrats lose the fiscal capacity to sustain loyalty through patronage and increasingly rely on electoral manipulation as a survival strategy. We present a simple model in which rents finance patronage in normal times, while adverse shocks reduce the effectiveness of ...
Antonis Adam, Sofia Tsarsitalidou
wiley   +1 more source

The War of the Pacific and Chilean public revenues: Reallocation of the tax burden and institutional change

open access: yesThe Economic History Review, EarlyView.
Abstract A substantial body of literature has considered warfare a fundamental driver of fiscal capacity. We argue that the nature of the tax base available to governments can either foster or constrain the ability and incentives of central elites to impose their legitimacy once the war is over.
Oriol Sabaté, José Peres‐Cajías
wiley   +1 more source

Speculation in the United Kingdom, 1785‒2019

open access: yesThe Economic History Review, EarlyView.
Abstract Speculation has long been thought to have significant economic effects, but it is difficult to measure, making it challenging to examine these effects empirically. In this paper we measure speculation in the United Kingdom since 1785 by using business and financial reporting in The Times newspaper.
William Quinn   +2 more
wiley   +1 more source

Nonmarket strategies, domestic institutional development, and internationalization: Evidence from MENA and sub‐Saharan African regions

open access: yesEuropean Management Review, EarlyView.
Abstract This study examines the impact of the adoption of nonmarket strategies in domestic markets that drive the internationalization of emerging multinationals (EMNCs) from the MENA and sub‐Saharan African regions. In this study, we consider corporate political activity (CPA) and corporate social responsibility (CSR) of EMNCs and examine their role ...
Nouhaila Ettalibi   +4 more
wiley   +1 more source

Foundation governance for the purposeful ownership of enterprise

open access: yesEuropean Management Review, EarlyView.
Abstract Foundation‐owned companies are regarded as real‐world examples of commitment to a company purpose, and several world‐class companies have this ownership structure. They have been found to perform surprisingly well, given the accountability and incentive problems anticipated by conventional economic theories when nonprofit organizations own ...
Terry McNulty, Steen Thomsen
wiley   +1 more source

Do Major Customers Affect Firms' Environmental, Social and Governance Activities?

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT We examine the role of major customers in shaping firms' environmental, social and governance (ESG) practices. We find that firms with major customer relationships undertake fewer ESG activities compared to those without such ties. The association is attenuated when institutional ownership is high, firms are less diversified, customers exhibit
Feng Dong   +4 more
wiley   +1 more source

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