Принято считать, что существующие различия в экономике, политике и обществе
отражают влияние различных институтов. Но среди экономистов, политологов и …

It is widely believed that current disparities in economic, political, and social outcomes reflect
distinct institutions. Institutions are invoked to explain why some countries are rich and …

Diversified business groups, consisting of legally independent firms operating across
diverse industries, are ubiquitous in emerging markets. Groups around the world share …

This article provides a review and analysis of institutional entrepreneurship research with a
focus on the emergence of this literature within two largely divergent streams: sociology …

Diversified business (or corporate) groups, consisting of legally independent firms operating
in multiple markets, are ubiquitous in emerging markets and even in some developed …

This article develops and defends a theory of “network failure” analogous to more familiar
theories of organizational and market failure already prevalent in the literature on economic …

Related lending, a widespread practice in LDCs, is widely held to encourage bankers to loot
their banks at the expense of minority shareholders and depositors. We argue that neither …

After its independence in 1821, Mexico experienced more than fifty years of political chaos
until Porfirio Díaz assumed power in 1876. Thirty-five years later, Mexico entered another …

The historiographies of Mexico and Brazil have implicitly stated that business networks were
crucial for the initial industrialization of these two countries. Recently, differing visions on the …

Emergent economies suffer from underdeveloped market infrastructures and insufficient
public institutions to enforce contract commitments and property rights. Informal reputation …