Market Response to Inefficient Judiciary

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dc.contributor.author	Gregoric, Aleksandra	en_US
dc.contributor.author	Zajc, Katarina	en_US
dc.contributor.author	Simoneti, Marko	en_US
dc.date.accessioned	2009-02-04T10:23:57Z
dc.date.available	2009-02-04T10:23:57Z
dc.date.issued	2007-12-11T00:00:00Z	en_US
dc.identifier.uri	http://hdl.handle.net/10398/6531
dc.description.abstract	The paper re-examines the concerns on the rule-based governance in poor institutional environment. By relying on the theories and research vehicles of social psychology, we show that under certain conditions, the ‘law on books’ may still play role in governing market transactions, even though no formal enforcement applies. We furthermore expose the potential of the Corporate Governance Code as the ‘signaling device’ and provide arguments as to why this potential may be even stronger in an environment with relatively weak institutions in comparison to the developed market economies.	en_US
dc.format.extent	30 s.	en_US
dc.language	eng	en_US
dc.relation.ispartofseries	Working paper;2007-9	en_US
dc.title	Market Response to Inefficient Judiciary	en_US
dc.type	wp	en_US
dc.accessionstatus	modt07dec11 nijemo	en_US
dc.contributor.corporation	Copenhagen Business School. CBS	en_US
dc.contributor.department	Institut for International Økonomi og Virksomhedsledelse	en_US
dc.contributor.departmentshort	INT	en_US
dc.contributor.departmentuk	Department of International Economics and Management	en_US
dc.contributor.departmentukshort	IEM	en_US
dc.idnumber	x656555954	en_US
dc.publisher.city	København	en_US
dc.publisher.year	2007	en_US
dc.title.subtitle	Promoting Rule Compliance and Good Governance Practice	en_US