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In this article, we develop a conceptual framework to study the interaction between financial development and different types of social capital. Our hypothesis is that financial transactions cannot be completely regulated by market contracts, and that market failures still appear in more...
Persistent link: https://www.econbiz.de/10010823227
The development of economic institutions characterizes economic growth and promotes efficiency. For example, formal credit institutions operate in the credit market in a more efficient way than informal money lenders because they are better in reducing costs associated with financial market...
Persistent link: https://www.econbiz.de/10010823305
In this document we present the first results of a survey, as part of an empirical study conducted with the objetive of analyzing the relationship between individuals´ levels of confidence on institutions and people with whom they interact, the composition of their social networks and how they...
Persistent link: https://www.econbiz.de/10010823315
In this paper we study the effect of short and long-term components of managerial compensation in the relationship between executive compensation and firm performance. We propose a dynamic agency model with capital accumulation to represent the decision making process of the principal regarding...
Persistent link: https://www.econbiz.de/10004987320
The development of economic institutions characterizes economic growth and promotes efficiency. For example, formal credit institutions operate in the credit market in a more efficient way than informal money lenders because they are better in reducing costs associated with financial market...
Persistent link: https://www.econbiz.de/10010685966
In this document we present the first results of a survey, as part of an empirical study conducted with the objetive of analyzing the relationship between individuals´ levels of confidence on institutions and people with whom they interact, the composition of their social networks and how they...
Persistent link: https://www.econbiz.de/10010687840
In this article we analyze how different characteristics of a social network are associated to different types of resources required by the individuals that constitute the network and their objectives. To attain this goal, we develop and conduct a survey, using random sampling, in a...
Persistent link: https://www.econbiz.de/10010690404
Persistent link: https://www.econbiz.de/10008371625
Persistent link: https://www.econbiz.de/10008451532
El presente artículo analiza el Protocolo de Cartagena, la posibilidad de su implementación y su utilidad como herramienta para conservar el medio ambiente y garantizar la seguridad en la biotecnología. Considera el Protocolo y los elementos medulares del mismo. Este trabajo argumenta que la...
Persistent link: https://www.econbiz.de/10005065603