|
|
libcats.org
Главная →
Democratic Governance and Economic Performance: How Accountability Can Go Too Far in Politics, Law, and BusinessDemocratic Governance and Economic Performance: How Accountability Can Go Too Far in Politics, Law, and BusinessDino FalaschettiConventional wisdom warns that unaccountable political and business agents can enrich a few at the expense of many. But logically extending this wisdom implies that associated principals – voters, consumers, shareholders – will favor themselves over the greater good when ‘rules of the game’ instead create too much accountability. Democratic Governance and Economic Performance rigorously develops this hypothesis, and finds statistical evidence and case study illustrations that democratic institutions at various governance levels (e.g., federal, state, corporation) have facilitated opportunistic gains for electoral, consumer, and shareholder principals. To be sure, this conclusion does not dismiss the potential for democratic governance to productively reduce agency costs. Rather, it suggests that policy makers, lawyers, and managers can improve governance by weighing the agency benefits of increased accountability against the distributional costs of favoring principal stakeholders over more general economic opportunities. Carefully considering the fundamentals that give rise to this tradeoff should interest students and scholars working at the intersection of social science and the law, and can help professionals improve their own performance in policy, legal, and business settings.
Скачать книгу бесплатно (pdf, 2.90 Mb)
Читать «Democratic Governance and Economic Performance: How Accountability Can Go Too Far in Politics, Law, and Business » EPUB | FB2 | MOBI | TXT | RTF
* Конвертация файла может нарушить форматирование оригинала. По-возможности скачивайте файл в оригинальном формате.
Популярные книги за неделю:
Система упражнений по развитию способностей человека (Практическое пособие)Автор: Петров Аркадий НаумовичКатегория: Путь к себе
Размер книги: 818 Kb
Сотворение мира (3-х томник)Автор: Петров Аркадий НаумовичКатегория: Путь к себе
Размер книги: 817 Kb
Только что пользователи скачали эти книги:
Solar House - A Guide for the Solar DesignerАвтор: Terry GallowayКатегория: Alt and Free Energy Library
Размер книги: 5.67 Mb
Материалы для истории приказного судопроизводства в РоссииАвтор: Победоносцев К.П.Категория: История
Размер книги: 8.59 Mb
New Software Engineering Paradigm Based on Complexity Science: An Introduction to NSEАвтор: Jay XiongКатегория: Техника
Размер книги: 52.68 Mb
Harriet Beecher Stowe : Three Novels : Uncle Tom's Cabin Or, Life Among the Lowly; The Minister's Wooing; Oldtown Folks (Library of America)Автор: Harriet Beecher Stowe
Размер книги: 2.69 Mb
Due Jesuitenkirche in G.Автор: Hoffmann Ernst Theodor AmadeusКатегория: Классическая проза
Размер книги: 68 Kb
|
|
|