What corporate governance mechanisms are used in what institutional environment?
- What legal and economic strategies can minimize minority rights expropriation and reduce private benefits? What works best in various institutional environments?
- What are the roles of product and factor market competition, managerial labor market, the market for corporate control?
- How do cultural, legal and institutional factors such as family values, inheritance structures or marriage norms influence the evolution of legal and institutional systems?
- How can private enforcement mechanisms be encouraged and made more effective? Can reputation and trust effectively substitute for strong shareholder rights?
- What are the interactions between family preferences, concentrated ownership structures and formal institutions within and across countries?
- What legal and economic strategies can minimize minority rights expropriation and reduce private benefits? What works best in various institutional environments?
- What are the roles of product and factor market competition, managerial labor market, the market for corporate control?
- How do cultural, legal and institutional factors such as family values, inheritance structures or marriage norms influence the evolution of legal and institutional systems?
- How can private enforcement mechanisms be encouraged and made more effective? Can reputation and trust effectively substitute for strong shareholder rights?
- What are the interactions between family preferences, concentrated ownership structures and formal institutions within and across countries?
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