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Does corporate governance affect the timing of large investment projects? Hazard model estimates suggest strong shareholder governance may deter managers from pursuing large investments. Controlling for investment opportunities, firms with good governance experience longer spells between large...
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The design of alternative tariff structures can serve as a low-cost and effective tool in achieving higher take-up of basic services among poor households while allowing the provider to recover costs. A contingent valuation survey from the Water Supply and Sanitation Project of the Asian...
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We study how venture capital firms (VCs), one major capital provider for early-stage entrepreneurial companies, respond to narcissistic entrepreneurs. VCs prefer to invest in companies with narcissistic entrepreneurs. Conditional on making an investment, VCs are more likely to impose contingent...
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