Stakeholder scholarship has made significant progress in identifying the factors that contribute to the successful impact of stakeholder collaborations on corporate environmental sustainability. An issue that has received less attention in this scholarship is an analysis of cases where...

This paper reviews research across economics, political economy, political science, and public policy to investigate how institutions shape the adoption, implementation, and durability of climate policies. We examine how formal institutions (i) coordinate implementation capacity, (ii) anchor...

This paper explores the economic consequences of (taxing) power fragmentation using both theory and data. We first formalize tax policy as the result of interministerial competition where the Minister of Finance ('Guardian') and the Minister of Mines ('Spender') have distinct objective...

This paper investigates the relationship between institutional and regulatory quality, and high-tech sector investment. Using data from 25 European Union (EU) countries from 2004 to 2019 (extended to 2023 for artificial intelligence-specific analyses), the study examines how institutional...

This study revisits the long-standing debate on the guns-versus-butter phenomenon, that spending on military activity crowds out non-military expenditure. By focusing on Africa, we conjecture the crowding-out effect of military expenditure on health expenditure beyond government health...

In this paper we employ the natural experiment of German Division and Reunification in order to study the effect of institutional reform on the decision to hold risky assets. We present empirical evidence indicating that even 16 years after German Reunification risky portfolios of East and West...

This study investigates the configurational pathways enabling women in Oman to translate entrepreneurial intentions into technology venture creation. By integrating institutional theory and resource‑based view, we develop a novel framework examining how formal institutional support (FIS),...

This paper reviews research across economics, political economy, political science, and public policy to investigate how institutions shape the adoption, implementation, and durability of climate policies. We examine how formal institutions (i) coordinate implementation capacity, (ii) anchor...

This study investigates how cognitive traits and support mechanisms influence entrepreneurial propensity across diverse economic contexts, with a focus on implications for entrepreneurship education. It examines whether creativity and critical thinking function as broadly relevant predictors of...

Using a fixed-effects panel threshold regression with Driscoll-Kraay inference, this paper examines how institutional quality shapes the distributional effects of foreign direct investment (FDI) in the ASEAN-5 economies (Indonesia, Malaysia, the Philippines, Thailand, and Vietnam) over...

Administrative strategies are essential for ensuring efficiency and effectiveness in public institutions, particularly in the context of low- and middle-income countries where governance challenges and resource constraints persist. This study analyzes the relationship between organizational...

This study assesses the role of institutional quality, macroeconomic performance, and environmental pressures in shaping food security in East Asia. Using a PMG-ARDL panel model with data from China, Singapore, and Japan-three economies characterized by high institutional standards-the analysis...

Institutions play a central role in shaping entrepreneurial behavior, yet much of the existing literature, even with the foundational insights of institutional economists such as Veblen, Mitchell, Commons, Coase, Ostrom, Williamson, and North, continues to view institutions as monolithic...

Kazakhstan is a major emitter of greenhouse gases and also highly vulnerable to climate change. This highlights the urgent need for coordinated efforts in climate mitigation and adaptation. In 2022, Kazakhstan's emissions reached 353.0 million tons of CO2 equivalent, with per capita emissions...

Research Problem: Despite growing recognition that digital transformation strategies affect economic coordination, no study has empirically tested whether different national digital development models create systematically different transaction cost environments, particularly in emerging...

As the global community nears critical milestones in achieving the Sustainable Development Goals (SDGs), the interplay of dynamic forces continues to reshape progress trajectories. This study explores the advancement of SDG 8 targets ("Decent Work and Economic Growth") through the lens of three...

Consensus is crucial to authoritative science, as is replicability. Yet, in economics and the social sciences, the publication of contradictory replications often sparks fierce debates between replicators and original authors. This paper investigates whether experts can reach a consensus on a...

Transaction cost economics (TCE) and the theory of governance structures developed by Oliver Williamson have demonstrated significant explanatory power across institutional economics, law and economics, public policy, and strategic management. This review evaluates the predictive potential of...

This study investigated the impact of corruption on the persistence of informality across countries, offering new insights into the institutional dynamics that sustain informal economic activities. Drawing on firm-level data from World Bank Enterprise Surveys covering 159 countries, the analysis...

Hierarchies are common in political settings. From judges to elected politicians, as well as from activists to bureaucrats, political agents compete for promotion to higher positions. This paper studies political tournaments and their impact on two aspects of political performance:...

Consensus is crucial to authoritative science, as is replicability. Yet, in economics and the social sciences, the publication of contradictory replications often sparks fierce debates between replicators and original authors. This paper investigates whether experts can reach a consensus on a...

The crucial importance of institutions for economic and social development has become part of the conventional wisdom in economics. In recent years, economists have become particularly interested in the potential role of informal institutions but measuring them remains a serious challenge. This...