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The Limits of Corporate Governance
In: Seattle University Law Review, Band 47, Heft 2
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Taxation and Corporate Governance
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Working paper
Legitimacy of government and governance
In: Journal of institutional economics, Band 20
ISSN: 1744-1382
Abstract
This paper highlights scholarly neglect of political legitimacy, the idea of a state's use of power in ways acceptable to its citizens. We argue that political legitimacy affects a state's ability to formulate and implement its policies, thus affecting governance. Our paper provides the first empirical evidence of the positive relationship between political legitimacy and governance. We combine novel cross-sectional data on political legitimacy and several governance indicators from 66 countries. Our results show that a one-standard-deviation increase in the legitimacy score increases the rule of law indicator by about one-third standard deviation. These results are robust across OLS, an instrumental variable method, and several other governance indicators. Moreover, our results reveal that in the presence of greater trust, political legitimacy has an enhanced impact on governance.
The political economy of criminal governance
In: Public Choice
How can people who do not rely on effective government institutions establish property rights, enforce agreements, and facilitate social and economic exchange? Scholars of public choice have long studied anarchic settings to understand foundational questions of political economy, such as the viability and robustness of self-enforcing exchange, the emergence of coercive power, and the Madisonian challenge of self-enforcing constraints. Recent work turns this conceptual, theoretical, and empirical work to the topic of the underground economy and criminal governance. Because of its illicit nature, people involved in criminal activity cannot rely on legitimate, state-based legal institutions. In this absence, a wide range of criminal governance institutions and organizations have emerged to facilitate illicit activity. Based on studies of California prison gangs, I show how classic public choice approaches explain why incarcerated people need extralegal governance, survey some of the internal governance solutions they rely on, and demonstrate how and why they govern, not only themselves, but thousands of people inside and outside of prison.
Special Jurisdictions as Laboratories for Governance
In: 4 Journal of Special Jurisdictions 1 (2024)
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Governance and Efficiency in Chinese Foundations
In: Forthcoming in Financial Accountability & Management
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Governance of Permissionless Blockchain Networks
In: FEDS Notes No. 2024-02-09
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The political economy of criminal governance
In: Public choice
ISSN: 1573-7101
Hybrid governance of platform entrepreneurs
In: Research policy: policy, management and economic studies of science, technology and innovation, Band 53, Heft 2, S. 104916
ISSN: 1873-7625
Nuclear governance in the Asia-Pacific
In: International affairs, Band 100, Heft 1, S. 454-456
ISSN: 1468-2346
Legacies of Victors' Rebel Governance
In: Civil wars, S. 1-27
ISSN: 1743-968X
Corporate Governance and Hedge Fund Activism
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An Examination Of The State Of Corporate Governance In Uganda
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