Abstract We set up a model to study how ownership structure, corporate law and employment law interact to set the incentives that influence the decision by a large shareholder or manager effectively controlling the firm whether to divert resources from minority shareholders and employees. We...

Purpose The third sector is a producer of trust and positive social interactions, while the mafias destroy trust and social norms. Confiscation of assets and reusing confiscated assets are important tools from an economic and symbolic point of view for contrasting the mafias and promoting a...