Formal and informal institutions are often viewed as complements or substitutes in empirical and theoretical works. However, no evidence of complementarities or substitutes is found in our empirical analysis of the interrelation between formal and informal decentralization across 64 provinces of...

Formal and informal institutions are often viewed as complements or substitutes in empirical and theoretical works. However, no evidence of complementarities or substitutes is found in our empirical analysis of the interrelation between formal and informal decentralization across 64 provinces of...

Formal and informal institutions are often viewed as complements or substitutes in empirical and theoretical studies. In this article, we find no evidence of complementary or substitutive relationships in our empirical analysis of the relationship between formal and informal decentralization...

'Accountability crisis' followed by a series of recent global chaos has put a lot of pressure on all governments to adopt international best practices and innovations in their governance. A lot of authoritarian regimes are in democratic transition, adopting modern institutions in a prudent...

This paper investigates the structural and strategic determinants of firm growth using a unique data set covering French firms with between 10 and 250 employees and active from 1997 through 2007. On the basis of the proposition that firm growth is not a purely random process, we consider a...