Democratic governance and economic performance: how accountability can go too far in politics and business
Gespeichert in:
1. Verfasser: | |
---|---|
Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Dordrecht [u.a.]
Springer
2009
|
Ausgabe: | 1. ed. |
Schriftenreihe: | Studies in public choice
[14] |
Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | Zählung lt. Angabe auf Verlagshomepage |
Beschreibung: | XIX, 131 S. 235 mm x 155 mm |
ISBN: | 9780387787060 0387787062 |
Internformat
MARC
LEADER | 00000nam a22000002cb4500 | ||
---|---|---|---|
001 | BV035676508 | ||
003 | DE-604 | ||
005 | 00000000000000.0 | ||
007 | t | ||
008 | 090813s2009 |||| 00||| eng d | ||
015 | |a 08,N10,0256 |2 dnb | ||
020 | |a 9780387787060 |c Gb. : ca. EUR 89.83 (freier Pr.), ca. sfr 146.50 (freier Pr.) |9 978-0-387-78706-0 | ||
020 | |a 0387787062 |c Gb. : ca. EUR 89.83 (freier Pr.), ca. sfr 146.50 (freier Pr.) |9 0-387-78706-2 | ||
035 | |a (OCoLC)643031141 | ||
035 | |a (DE-599)BVBBV035676508 | ||
040 | |a DE-604 |b ger | ||
041 | 0 | |a eng | |
049 | |a DE-12 |a DE-188 | ||
100 | 1 | |a Falaschetti, Dino |e Verfasser |4 aut | |
245 | 1 | 0 | |a Democratic governance and economic performance |b how accountability can go too far in politics and business |c Dino Falaschetti |
250 | |a 1. ed. | ||
264 | 1 | |a Dordrecht [u.a.] |b Springer |c 2009 | |
300 | |a XIX, 131 S. |c 235 mm x 155 mm | ||
336 | |b txt |2 rdacontent | ||
337 | |b n |2 rdamedia | ||
338 | |b nc |2 rdacarrier | ||
490 | 1 | |a Studies in public choice |v [14] | |
500 | |a Zählung lt. Angabe auf Verlagshomepage | ||
650 | 0 | 7 | |a Demokratie |0 (DE-588)4011413-2 |2 gnd |9 rswk-swf |
650 | 0 | 7 | |a Governance |0 (DE-588)4639012-1 |2 gnd |9 rswk-swf |
650 | 0 | 7 | |a Wirtschaftsentwicklung |0 (DE-588)4066438-7 |2 gnd |9 rswk-swf |
689 | 0 | 0 | |a Demokratie |0 (DE-588)4011413-2 |D s |
689 | 0 | 1 | |a Governance |0 (DE-588)4639012-1 |D s |
689 | 0 | 2 | |a Wirtschaftsentwicklung |0 (DE-588)4066438-7 |D s |
689 | 0 | |5 DE-604 | |
830 | 0 | |a Studies in public choice |v [14] |w (DE-604)BV005625721 |9 14 | |
856 | 4 | 2 | |m SWBplus Fremddatenuebernahme |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017730875&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
999 | |a oai:aleph.bib-bvb.de:BVB01-017730875 |
Datensatz im Suchindex
_version_ | 1804139384469979136 |
---|---|
adam_text | CONTENTS PART I A GENERAL THEORY AND STATISTICAL EVIDENCE 1 THEORY 3 1.
1 OUTPUT, NOT PRICE, REFLECTS ECONOMIC PERFORMANCE 4 1.1.1 AN INFORMAL
MODEL OF PRESSURE-GROUP POLITICS 4 1.1.2 A FORMAL CHECK ON OUR INTUITION
6 1.2 ROBUSTNESS TO ASSUMPTIONS 8 1.2.1 WHAT IF POLICY CREDIBILITY IS
IMPORTANT? 8 1.2.2 WHAT IF REAL OPTIONS ARE IMPORTANT? 11 1.3
CONCLUSION AND A LOOK AHEAD 11 REFERENCES 12 2 NATURAL EXPERIMENTS 15
2.1 GENERAL REQUIREMENTS FOR A NATURAL EXPERIMENT 16 2.2 EXPERIMENTAL
CONDITIONS IN THE TELECOMMUNICATIONS SECTOR 17 2.3 WHAT SHOULD WE SEE IF
DEMOCRATIC GOVERNANCE GOES TOO FAR IN THIS APPLICATION? 18 2.4
CONCLUSION 20 REFERENCES 21 3 STATISTICAL EVIDENCE 23 3. 1 AN EMPIRICAL
PROXY FOR ECONOMIC PERFORMANCE 24 3.2 PROXIES FOR DEMOCRATIC GOVERNANCE
27 3.2.1 RESTRICTIONS ON CAMPAIGN CONTRIBUTIONS 27 3.2.2 ALTERNATIVE
MEASURES OF DEMOCRATIC GOVERNANCE 28 3.3 FROM CORRELATION TO EVIDENCE OF
CAUSATION 31 3.3.1 HOLDING SUPPLY AND DEMAND CONDITIONS CONSTANT 31
3.3.2 SUBTRACTING EVEN THE MAXIMUM BIAS FROM OUR COEFFICIENT ESTIMATE
LEAVES A LARGE RESULT 33 3.3.3 RESULTS FROM SYNTHETIC EXPERIMENTS ADD
EVEN MORE CONFIDENCE THAT ACCOUNTABILITY WENT TOO FAR 36 3.4 CONCLUSION
41 XVII XVIII CONTENTS 3.5 APPENDIX A 42 3.6 APPENDIX B 43 3.7 APPENDIX
C 45 REFERENCES 46 PART II IMPLICATIONS FOR POLITICAL BUREAUCRACY,
COMPETITION LAW, AND BUSINESS ORGANIZATION 4 POLITICS 51 4.1 ELECTORAL
ACCOUNTABILITY CAN WEAKEN POLICY COMMITMENTS: THE CASE OF MONETARY
POLICY 52 4.1.1 THE PROBLEM OF TIME INCONSISTENCY, IN PRINCIPLE 52 4.1.2
TIME INCONSISTENCY AND MONETARY POLICY 54 4.1.3 UNACCOUNTABLE MONETARY
POLICY CAN BE MORE CONSISTENT 55 4.1.4 THE CASE OF THE FED 58 4.2
ELECTORAL ACCOUNTABILITY CAN FUEL REDISTRIBUTIVE PRESSURES 60 4.2.1
PROPERTY RIGHTS CAN BE STRONGER IN OLIGARCHIES 60 4.2.2 DEFICITS CAN
ENCOURAGE MORE PRODUCTIVE GOVERNMENT SPENDING 61 4.2.3 INSULATED JUDGES
CAN SEEK TRUTHS AND IGNORE INEFFICIENT DISTRIBUTIVE PRESSURES FROM
AGGREGATING PREFERENCES 64 4.3 CONCLUSION: WHEN CAN POLICY BENEFIT FROM
UNDEMOCRATIC PROCESSES? 66 REFERENCES 67 5 LAW 69 5.1 COMPETITION POLICY
CAN STRENGTHEN ECONOMIC PERFORMANCE 70 5.2 BUT LEGAL IDEALS MUST WORK
WITHIN POLITICAL CONSTRAINTS 71 5.2.1 PRODUCERS LOBBY FOR MARKET POWER,
NOT EFFICIENCY 72 5.2.2 CONSUMERS ALSO HAVE AN INTEREST IN INEFFICIENCY
74 5.3 CASE STUDY: DO CONSUMER INTERESTS WEIGH TOO HEAVILY ON INSURANCE
REGULATION? 75 5.3.1 INSURANCE CAN IMPROVE ECONOMIC WELFARE 76 5.3.2 BUT
PROMISES ARE HARD TO KEEP 79 5.3.3 RESTRICTING CREDIT-BASED INSURANCE
SCORES CAN OVERLY FAVOR CONSUMERS 80 5.3.4 REGULATION THROUGH LITIGATION
CAN OVERLY FAVOR CONSUMERS.. 82 5.3.5 RATE REGULATION CAN FACILITATE
CONSUMER MONOPSONIES INSTEAD OF CHECKING PRODUCER MONOPOLIES 84 5.4 TAIL
RISKS AND TERM LIMITS 87 5.5 HOW BIG IS THIS PROBLEM? 90 5.6 GOVERNANCE
OPPORTUNITIES 91 5.6.1 WHAT CAN POLITICS DO BETTER? : 92 5.6.2 WHAT CAN
THE LAW DO BETTER? 93 CONTENTS XIX 5.6.3 WHAT CAN BUSINESS DO BETTER? 93
REFERENCES 94 6 BUSINESS 97 6.1 WIDESPREAD SUPPORT FOR INCREASING
ACCOUNTABILITY TO SHAREHOLDERS ... 98 6.2 STRENGTHENING SHAREHOLDER
DEMOCRACY: POLICY DEVELOPMENTS 100 6.3 CAN ACCOUNTABILITY TO
SHAREHOLDERS GO TOO FAR? 101 6.3.1 SHAREHOLDER DEMOCRACY CAN DESTABILIZE
BUSINESS STRATEGY ...101 6.3.2 SHAREHOLDER DEMOCRACY CAN PUT OTHER
STAKEHOLDERS AT RISK OF INEFFICIENT TAKINGS 104 6.4 DIFFUSE OWNERSHIP
WEAKENS SHAREHOLDER DEMOCRACY, BUT STRENGTHENS COMMITMENTS AGAINST
OPPORTUNISM 106 6.5 EVIDENCE ON HOW WEAKENING SHAREHOLDER DEMOCRACY CAN
IMPROVE CORPORATE PERFORMANCE 107 6.5.1 STRONG SHAREHOLDERS, NOT WEAK
ONES, AWARD GOLDEN PARACHUTES 108 6.5.2 BONDHOLDERS DEMAND COMPENSATION
FOR RISKS FROM STRONG SHAREHOLDER RIGHTS ILL 6.5.3 VALUE-MAXIMIZING
VENTURE CAPITALISTS ALSO PROTECT AGAINST STRONG SHAREHOLDERS ILL 6.6
QUANDARIES IN MACRO- AND MICRO-GOVERNANCE 112 REFERENCES 115 7
CONCLUSION 117 INDEX 121
|
any_adam_object | 1 |
author | Falaschetti, Dino |
author_facet | Falaschetti, Dino |
author_role | aut |
author_sort | Falaschetti, Dino |
author_variant | d f df |
building | Verbundindex |
bvnumber | BV035676508 |
ctrlnum | (OCoLC)643031141 (DE-599)BVBBV035676508 |
edition | 1. ed. |
format | Book |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01824nam a22004212cb4500</leader><controlfield tag="001">BV035676508</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">090813s2009 |||| 00||| eng d</controlfield><datafield tag="015" ind1=" " ind2=" "><subfield code="a">08,N10,0256</subfield><subfield code="2">dnb</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780387787060</subfield><subfield code="c">Gb. : ca. EUR 89.83 (freier Pr.), ca. sfr 146.50 (freier Pr.)</subfield><subfield code="9">978-0-387-78706-0</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">0387787062</subfield><subfield code="c">Gb. : ca. EUR 89.83 (freier Pr.), ca. sfr 146.50 (freier Pr.)</subfield><subfield code="9">0-387-78706-2</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)643031141</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV035676508</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-188</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Falaschetti, Dino</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Democratic governance and economic performance</subfield><subfield code="b">how accountability can go too far in politics and business</subfield><subfield code="c">Dino Falaschetti</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">1. ed.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Dordrecht [u.a.]</subfield><subfield code="b">Springer</subfield><subfield code="c">2009</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">XIX, 131 S.</subfield><subfield code="c">235 mm x 155 mm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="1" ind2=" "><subfield code="a">Studies in public choice</subfield><subfield code="v">[14]</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Zählung lt. Angabe auf Verlagshomepage</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Demokratie</subfield><subfield code="0">(DE-588)4011413-2</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Governance</subfield><subfield code="0">(DE-588)4639012-1</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Wirtschaftsentwicklung</subfield><subfield code="0">(DE-588)4066438-7</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Demokratie</subfield><subfield code="0">(DE-588)4011413-2</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Governance</subfield><subfield code="0">(DE-588)4639012-1</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="2"><subfield code="a">Wirtschaftsentwicklung</subfield><subfield code="0">(DE-588)4066438-7</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="830" ind1=" " ind2="0"><subfield code="a">Studies in public choice</subfield><subfield code="v">[14]</subfield><subfield code="w">(DE-604)BV005625721</subfield><subfield code="9">14</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">SWBplus Fremddatenuebernahme</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017730875&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-017730875</subfield></datafield></record></collection> |
id | DE-604.BV035676508 |
illustrated | Not Illustrated |
indexdate | 2024-07-09T21:43:05Z |
institution | BVB |
isbn | 9780387787060 0387787062 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-017730875 |
oclc_num | 643031141 |
open_access_boolean | |
owner | DE-12 DE-188 |
owner_facet | DE-12 DE-188 |
physical | XIX, 131 S. 235 mm x 155 mm |
publishDate | 2009 |
publishDateSearch | 2009 |
publishDateSort | 2009 |
publisher | Springer |
record_format | marc |
series | Studies in public choice |
series2 | Studies in public choice |
spelling | Falaschetti, Dino Verfasser aut Democratic governance and economic performance how accountability can go too far in politics and business Dino Falaschetti 1. ed. Dordrecht [u.a.] Springer 2009 XIX, 131 S. 235 mm x 155 mm txt rdacontent n rdamedia nc rdacarrier Studies in public choice [14] Zählung lt. Angabe auf Verlagshomepage Demokratie (DE-588)4011413-2 gnd rswk-swf Governance (DE-588)4639012-1 gnd rswk-swf Wirtschaftsentwicklung (DE-588)4066438-7 gnd rswk-swf Demokratie (DE-588)4011413-2 s Governance (DE-588)4639012-1 s Wirtschaftsentwicklung (DE-588)4066438-7 s DE-604 Studies in public choice [14] (DE-604)BV005625721 14 SWBplus Fremddatenuebernahme application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017730875&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Falaschetti, Dino Democratic governance and economic performance how accountability can go too far in politics and business Studies in public choice Demokratie (DE-588)4011413-2 gnd Governance (DE-588)4639012-1 gnd Wirtschaftsentwicklung (DE-588)4066438-7 gnd |
subject_GND | (DE-588)4011413-2 (DE-588)4639012-1 (DE-588)4066438-7 |
title | Democratic governance and economic performance how accountability can go too far in politics and business |
title_auth | Democratic governance and economic performance how accountability can go too far in politics and business |
title_exact_search | Democratic governance and economic performance how accountability can go too far in politics and business |
title_full | Democratic governance and economic performance how accountability can go too far in politics and business Dino Falaschetti |
title_fullStr | Democratic governance and economic performance how accountability can go too far in politics and business Dino Falaschetti |
title_full_unstemmed | Democratic governance and economic performance how accountability can go too far in politics and business Dino Falaschetti |
title_short | Democratic governance and economic performance |
title_sort | democratic governance and economic performance how accountability can go too far in politics and business |
title_sub | how accountability can go too far in politics and business |
topic | Demokratie (DE-588)4011413-2 gnd Governance (DE-588)4639012-1 gnd Wirtschaftsentwicklung (DE-588)4066438-7 gnd |
topic_facet | Demokratie Governance Wirtschaftsentwicklung |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017730875&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
volume_link | (DE-604)BV005625721 |
work_keys_str_mv | AT falaschettidino democraticgovernanceandeconomicperformancehowaccountabilitycangotoofarinpoliticsandbusiness |