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Full-Text Articles in Political Theory
Competitive Market Socialism: A Practical Alternative For Sectors Of The Cuban Economy, Melvin Burke
Competitive Market Socialism: A Practical Alternative For Sectors Of The Cuban Economy, Melvin Burke
School of Economics Faculty Scholarship
The focus of this paper is to test for evidence of technical and scale efficiency in the commercial banking sector in Malaysia. In this context, the study attempts to evaluate if there are any differences between the efficiency of domestic and foreign owned Malaysian banks by applying the Data Envelopment Analysis (DEA). The result indicates that Malaysian commercial banks did not efficiently combine their inputs and that technical inefficiency was attributed to scale inefficiency.
The Global Governance Of “Good Governance”: Financial Regularization And The Construction Of Transparency And Accountability, Benjamin T. Tolosa Jr
The Global Governance Of “Good Governance”: Financial Regularization And The Construction Of Transparency And Accountability, Benjamin T. Tolosa Jr
Political Science Department Faculty Publications
“Good governance” has increasingly become political-economic common sense — often articulated in the call for transparency and accountability. But the question is: transparency and accountability to whom and toward what end? This essay examines the normalization of “good governance,” particularly as it is expressed as a financial discourse of corporate governance that gives primacy to the maximization of “shareholder value” and the promotion of “investor confidence” in the capital markets. I argue that this global discourse privileges institutional investors who are empowered to hold all stakeholders accountable to market expectations and valuations. While the discourse is clearly not socially neutral, …