Purpose – The purpose of this paper is twofold: first to add to the debate on good governance and ethics of enterprise risk management (ERM) and second to describe an ethical maturity scale based on duty and responsibility for practical implementation to ensure better governance....

This paper computes a measure of rent-seeking based on costs of tenure. Within a political tenure type model, a new incumbency variable is introduced and a variant to existing datasets is presented. Consistent ML rent-seeking estimates are computed for the author's sample of OECD democracies....

Purpose – The purpose of this paper is twofold: first to add to the debate on trust and opportunism within transaction cost economics (TCE) and second to describe a partial solution, a code of ethical practice (CoEP) originating in Kant's moral philosophy. Design/methodology/approach – The...

Purpose – The purpose of this paper is twofold: first, to add to the debate on governance and, second, to describe a value set theory of the firm. Design/methodology/approach – The methodology has centred on good governance amongst employees – management and workers alike. Findings – It...