Suchergebnisse

This thesis examines the economics of corporate social responsibility, with an emphasis on the role of financial markets and institutions. Questions that are raised are: What does corporate social responsibility mean in an economic context? What is the impact of corporate social responsibility on the financial performance of a company? What kind of role can a stock market play in trying to achieve sustainable development? What is the relation between corporate social responsibility, economic allocation, (re)-distributional effects and location choice? In this thesis, both theoretical and empirical research is presented in trying to answer these questions

Annotation For the most part, competition policy literature has focused on large economies. Yet the economic paradigms on which such policies are based do not necessarily apply to small market economies. This book demonstrates that optimal competition policy is very much dependent on the size of an economy. Whether and how firms compete is a matter of the natural conditions of the markets in which firms operate. A critical feature of small economies is the concentrated nature of many of their markets, which are often protected by high entry barriers. Competition policy must be designed to deal effectively with these unique obstacles to competition. Accordingly, applying the same competition policy to all economies alike may be contrary to the policy's goals. Michal Gal's thorough analysis shows the effects of market size on competition policy, ranging from rules of thumb to more general policy prescriptions, such as goals and remedial tools. Competition policy in small economies is becoming increasingly important, since the number of small jurisdictions adopting such policy is rapidly growing. Gal's focus extends beyond domestic competition policy to the evaluation of the current trend toward the worldwide harmonization of policies. This book will provide important guidance to academics, policy makers, and practitioners of competition policy as well as to anyone interested in the globalization of competition laws.

"This book examines the relationship between free markets and democracy. It demonstrates how the implementation of even very painful free market economic reforms in Chile and Mexico have helped to consolidate democratic politics without engendering a backlash against either reform or democratization."--Jacket

"Emma Rothschild reinterprets the ideas of the great revolutionary political economists to show us the true landscape of economic and political thought in their day, with important consequences for our own. Her work alters the readings of Adam Smith and Condorcet - and of ideas of Enlightenment - that underlie much contemporary political thought."