This paper argues that although the bulk of the literature tends to focus on regulatory uncertainty stemming from formal practices, uncertainty that comes from unpredictable informal practices surrounding regulation is an underexplored additional form of regulatory uncertainty. The paper uses...

This paper argues that although the bulk of the literature tends to focus on regulatory uncertainty stemming from formal practices, uncertainty that comes from unpredictable informal practices surrounding regulation is an underexplored additional form of regulatory uncertainty. The paper uses...

Scholars of performance incentives for regional officials in transitional states debate the appropriate degree of centralization and decentralization of political control. Decentralized administrative systems are said to encourage beneficial jurisdictional competition among regional officials,...

A high level of corruption usually constrains economic development in emerging countries. However, anti-corruption campaigns often fail because the relevant policies need to be implemented by existing corrupt governments. This article studies the extent of bureaucrats’ heterogeneity in...

This book is designed to scrutinize the Russian business sector in transition with special attention to firm organization, business integration, corporate governance, and company management. Using a unique dataset of Russian joint-stock companies, the authors empirically analyze key issues for...