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transparency about the professional competence of candidates during the judicial selection process. The Council denied access to …
Persistent link: https://www.econbiz.de/10011961428
The policy focus on excessive leverage in the euro area has raised interest in developing comprehensive analytical approaches to better understand the interrelationship between leverage and deleveraging processes across economic agents. In particular, the interplay between government debt and...
Persistent link: https://www.econbiz.de/10011664051
In the conventional literature related to investment decisions, less attention has been paid to the length of maturiry when investrnent is debt-financed. In such a case a firm pays the creditor not only the sum of annual interest (initial investment cost multiplied by real interest rate) for the...
Persistent link: https://www.econbiz.de/10001900808
Many entrepreneurs who close a business are actually willing to venture anew. However, to realize a restart is not only a matter of willingness on the part of the entrepreneur but also of its feasibility. Regarding the feasibility of a restart, the aspect of capital acquisition might be...
Persistent link: https://www.econbiz.de/10003777860
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to promote greater local benefit capture. Practitioners and academics have noted, however, that transparency alone does …
Persistent link: https://www.econbiz.de/10011614175
We look at the effect of transparency on the incidence of costly back-scratching in a laboratory setting by … transparency. A plausible story that fits our results is that there may be two countervailing forces at play. First, more rapid … policy makers about the limits of transparency in curtailing "grey" types of corruption. …
Persistent link: https://www.econbiz.de/10011641390
We explore whether the transparency in banks' lending activities enhances the harmonization of credit terms that a bank … information on loan characteristics and performance. We find that loans originated under the transparency regime share more … convergence in their credit terms, suggesting that transparency facilitates learning across a bank's different geographic regions …
Persistent link: https://www.econbiz.de/10012154163
details, which leads to mistrust. We argue that lack of transparency may explain high dropout rates in Ghana and other …
Persistent link: https://www.econbiz.de/10012150163