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Creating Order In The Absence Of Formal Regulations And Law


Creating Order In The Absence Of Formal Regulations And Law
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Creating Order In The Absence Of Formal Regulations And Law


Creating Order In The Absence Of Formal Regulations And Law
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Author : Damian Tobin
language : en
Publisher:
Release Date : 2017

Creating Order In The Absence Of Formal Regulations And Law written by Damian Tobin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.


The legal and political explanations that underpin the contemporary literature on corporate governance have focused how the prevailing political or legal system determines how large corporations are governed. They imply that in order to facilitate good corporate practices, emerging economies should converge towards governance systems that offer strong legal protection for investors. Distinguishing itself from this approach, this paper adopts a historical account of the major political economy factors that either impeded or facilitated the evolution of the Anglo American Joint Stock Company (JSC). This illustrates how the JSC did note merge by blueprint or design as is implied in the literature. It also describes the implicit costs associated with the JSC including political rent seeking, the expropriation of small investors, market crises and monopolies. Under these circumstances legal and political developments often enhanced corporate power at the expense of the public interest. This account suggests that the JSC is better viewed as an adaptive and innovative organisational form that has thrived in the absence of formal regulations and law, rather than as a nexus of contracts arising from market failure. The evolution of the JSC and its corporate governance structures are therefore best understood within a political economy framework that accounts for market developments, political and legal interventions and the rise of the regulatory state. For developing economies the main lesson is not that they should replicate either the US or UK, but rather they can draw on the factors that allowed both countries to lessen the costs of mobilising finance, and adapt them to suit local market structures.



The Postal Laws And Regulations Of The United States Of America


The Postal Laws And Regulations Of The United States Of America
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Author : United States
language : en
Publisher:
Release Date : 1879

The Postal Laws And Regulations Of The United States Of America written by United States and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1879 with Postal service categories.




Laws Rules And Regulations For The Government Of The Michigan State Troops


Laws Rules And Regulations For The Government Of The Michigan State Troops
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Author : Michigan
language : en
Publisher:
Release Date : 1875

Laws Rules And Regulations For The Government Of The Michigan State Troops written by Michigan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1875 with Michigan categories.




Rules On Paper Rules In Practice


Rules On Paper Rules In Practice
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Author : Edouard Al-Dahdah
language : en
Publisher: World Bank Publications
Release Date : 2016-07-25

Rules On Paper Rules In Practice written by Edouard Al-Dahdah and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-25 with Law categories.


The primary focus of this book is on a specific outcome of the rule of law: the practical enforcement of laws and policies, and the determinants of this enforcement, or lack thereof. Are there significant and persistent differences in implementation across countries? Why are some laws and policies more systematically enforced than others? Are “good†? laws likely to be enacted, and if not, what stands in the way? We answer these questions using a theoretical framework and detailed empirical data and illustrate with case studies from Morocco, Tunisia and Jordan. We believe that the best way to understand the variation in the drafting and implementation of laws and policies is to examine the interests and incentives of those responsible for these tasks †“ policymakers and bureaucrats. If laws and their enforcement offer concrete benefits to these ruling elites, they are more likely to be systematically enforced. If they don't, implementation is selective, discretionary, if not nil. Our first contribution is in extending the application of the concept of the rule of law beyond its traditional focus on specific organizations like the courts and the police, to economic sectors such as customs, taxation and land inheritance, in a search for a direct causal relationship with economic development outcomes. Instead of limiting ourselves to a particular type of organization or a legalistic approach to the rule of law, we present a broader theory of how laws are made and implemented across different types of sectors and organizations. Our second contribution is in demonstrating how powerful interests affect implementation outcomes. The incentives elites have to build and support rule-of-law institutions derive from the distribution of power in society, which is partly a historical given. The point we make is that it is not deterministic. Realigning the incentive structures for reform among key actors and organizations, through accountability and competition, can dramatically improve the chances that rule-of-law institutions will take root. On the other hand, building the capacity of organizations without first changing institutional incentives is likely to lead to perverse outcomes.



Treasury Decisions Under Customs And Other Laws


Treasury Decisions Under Customs And Other Laws
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Author : United States. Department of the Treasury
language : en
Publisher:
Release Date : 1927

Treasury Decisions Under Customs And Other Laws written by United States. Department of the Treasury and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1927 with Customs administration categories.


Vols. for 1904-1926 include also decisions of the United States Board of General Appraisers



Laws Rules And Regulations For The Government Of The Michigan State Troops Also Rules And Regulations Adopted And Prescribed By The State Military Board


Laws Rules And Regulations For The Government Of The Michigan State Troops Also Rules And Regulations Adopted And Prescribed By The State Military Board
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Author : Michigan
language : en
Publisher:
Release Date : 1875

Laws Rules And Regulations For The Government Of The Michigan State Troops Also Rules And Regulations Adopted And Prescribed By The State Military Board written by Michigan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1875 with Michigan categories.




China S Developing Legal Structure For Trade And Commerce


China S Developing Legal Structure For Trade And Commerce
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Author : United States. Congress. House. Committee on Energy and Commerce. Special Subcommittee on U.S. Trade with China
language : en
Publisher:
Release Date : 1984

China S Developing Legal Structure For Trade And Commerce written by United States. Congress. House. Committee on Energy and Commerce. Special Subcommittee on U.S. Trade with China and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with China categories.




A Commentary On The Mining Legislation Of Congress


A Commentary On The Mining Legislation Of Congress
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Author : Edward P. Weeks
language : en
Publisher:
Release Date : 1877

A Commentary On The Mining Legislation Of Congress written by Edward P. Weeks and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1877 with Mines and mineral resources categories.




Core Statutes On Conflict Of Laws


Core Statutes On Conflict Of Laws
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Author : Emmanuel Maganaris
language : en
Publisher: Bloomsbury Publishing
Release Date : 2022-08-11

Core Statutes On Conflict Of Laws written by Emmanuel Maganaris and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-08-11 with Law categories.


Well-selected and authoritative, Hart Core Statutes provide the key materials needed by students in a format that is clear, compact and very easy to use. They are ideal for use in exams.



International Commercial Arbitration Commentary And Materials


International Commercial Arbitration Commentary And Materials
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Author : Gary Born
language : en
Publisher: BRILL
Release Date : 2021-11-15

International Commercial Arbitration Commentary And Materials written by Gary Born and has been published by BRILL this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-15 with Law categories.


International Commercial Arbitration contains detailed commentary, case analyses, and practice pointers. Full annotations and footnotes provide invaluable research assistance, while clearly-written analyses identify and discuss critical issues. Representative international arbitral awards and national court decisions are excerpted, and detailed reference is made to leading institutional rules. Detailed appendices, an easy-to-use Table of Contents, and an extensive index to aid research and provide ready access to key materials. Co-publication with Kluwer Law International. North American sales rights only. Published under the Transnational Publishers imprint. For class adoption a student edition is available for