Capital markets perform two distinct functions: provision of capital and facilitation of good governance through information production and monitoring. I argue that the governance function has more impact on the efficiency with which resources are utilized within the firm. Based on industry level data across thirty-eight countries, I present evidence suggesting a positive relation between marke...

■ Abstract This chapter reviews the literature relevant to environmental governance in four domains of scholarship: globalization, decentralization, market and individual incentives-based governance, and cross-scale governance. It argues that in view of the complexity and multiscalar character of many of the most pressing environmental problems, conventional debates focused on pure modes of gov...

Although there is evidence that non-government health system actors can individually or collectively develop practical strategies to address primary health care (PHC) challenges in the community, existing frameworks for analysing health system governance largely focus on the role of governments, and do not sufficiently account for the broad range of contribution to PHC governance. This is impor...

Sustainable governance of the ocean demands a more integral and timely role for science. Although, science hasplayed a limited role in global ocean governance regimes, science has made essential contributions to governance onregional scales, particularly when there is strong scientific consensus, clear identification of problems and solutions,and convergence with cultural ideas. Sci...

Research governance takes a broad approach to the regulation of human research encompassing: (a) frameworks and systems over ad hoc policy making; (b) quality standards as well as regulatory requirements; and (c) definition of roles and responsibilities of all parties involved in research. The effective and consistent implementation of research governance plays a role in the promotion of qualit...

We find that U.S. corporations’ demand for liquidity is sensitive to two important factors: uncertainty facing the firm and the quality of corporate governance. Following prior research, we find that both factors have important influences on firms’ cash holdings. Our results also indicate that the interactions between uncertainty and governance measures are significant. From a policy perspectiv...

E-Governance is today one of important issues in different agendas of politicians, activists and researchers. The complexity of this topic, blended with the uncertainty of the future generated by ICT revolution, lead to many contradictory interpretations, predictions and analyses. One of spectacular contradictions related with e-governance has to do with developing countries. We consider the co...

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Debates surrounding governance strategies for marine protected areas (MPAs) have to date largely focused on top-down, bottom-up or market-based approaches. Whilst co-management approaches for governing MPAs are widely accepted as a way forward for combining these three strategies, many interpretations of this concept exist and it is applied in many different ways in MPAs in different contexts. ...