Spanish stock returns, growth, and inflation, 1900–2020
Abstract This paper studies equity returns in the Madrid Stock Exchange and their connections with the macroeconomy from the emergence of a stock market around 1900 to its ‘big bang’ at the turn of the twenty‐first century. Using high‐quality data from primary sources and the methodology of the modern IBEX35 (published since 1987), we constructed an ...
Stefano Battilossi +2 more
wiley +1 more source
CONSTITUTIONAL ASPECTS OF THE EXPROPRIATION COMPENSATION
Expropriation is an institute of Administrative Law by which the state intervenes in property rights of certain subjects and takes away or restricts those rights for its own benefit or for the benefit of other entities.
Mario Jelušić, Duška Šarin
doaj
Debt and Corporate Governance in Emerging Economies - Evidence from India [PDF]
We analyze the role of debt in corporate governance with respect to a large emerging economy, India, where debt has been an important source of external finance.
Jayati Sarkar, Subrata Sarkar
core +1 more source
On the road to legitimacy with anti‐corruption practices. An empirical study of French SMEs
Abstract Despite the importance of tackling corruption, business scholars have largely ignored the topic of anti‐corruption. Using neo‐institutionalist theory and the typology of organisational responses to institutional pressures, we investigated why and how small‐ and medium‐sized enterprises (SMEs) implemented anti‐corruption practices.
Sonal Jain +2 more
wiley +1 more source
Foundation governance for the purposeful ownership of enterprise
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
A Theory of the Boundaries of Banks With Implications for Financial Integration and Regulation
ABSTRACT We offer a theory of the “boundary of the firm” that is tailored to banks, recognizing the relevance of deposit financing and interbank lending as a substitute for integration. It is based on a single inefficiency that has been at the core of banking theory: risk‐shifting incentives in the interest of bank shareholders.
Falko Fecht +2 more
wiley +1 more source
The Right to Regulate in Investor- State Arbitration: Slicing and Dicing Regulatory Carve-Outs [PDF]
This Article examines the “right to regulate” as the power of a sovereign state to adopt and maintain government measures for public welfare objectives. It explores how claims by foreign investors in investor–state dispute settlement (ISDS) may interfere
Korzun, Vera
core +3 more sources
Informal Women's Work in Public Spaces: Why Should It Matter?
ABSTRACT Informal women's work in public spaces is central to livelihoods and social dynamics in cities of the Global South. For decades, public spaces have functioned as vital sites of economic activity, particularly for women engaged in informal work.
Philipa Birago Akuoko, Michèle Amacker
wiley +1 more source
HAZARDS OF EXPROPRIATION:TENURE INSECURITY AND INVESTMENT IN RURAL CHINA [PDF]
This paper uses household data from Northeast China to examine the link between investment and land tenure insecurity induced by China's system of village-level land reallocation.
Jacoby, Hanan G. +2 more
core +1 more source
“Family” ownership, tunneling and earnings management: A review of the literature [PDF]
In this review article, we bring together a number of aspects of family firms that are ubiquitous in a number of institutional contexts, often as part of larger business groups.
Bhaumik, Sumon Kumar, Gregoriou, Andros
core

