The Grabbing Hand: Government Pathologies and Their Cures

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If you are needing a little extra reach up to higher shelves and/or over 5’10, we would recommend the longer size (32″/81cm) to avoid any any unnecessary stretching or balancing acts.

I cant bend over, therefore this has been invaluable to me and I haven’t had any falls since I brought this Reacher and I couldn’t live without it. This study adopts a resource perspective to explore a non-linear relationship between corruption and two measures of bank foreign market commitment, the capital invested and the share of equity, on a sample of 131 bank entries in forty host countries. Firms should acknowledge the dynamic legal system, using TMT legal expertise for strategic legal challenges. This study explores how certain institutional dimensions influence entrepreneurial allocations in Nigeria and its sectorial heterogeneity.In addition, market-seeking motives are found to have a positive moderating effect on this relationship.

We argue that the positive relationship between pro‐market institutions and entrepreneurial growth aspirations is dampened for individuals with general human capital (higher education), but augmented for those with specific human capital (experience in the marketplace). Furthermore, our findings suggest that corruption deters opportunity-motivated entrepreneurship—the type of entrepreneurship that may contribute the most to productivity, economic growth and development. This study combines institutional and upper echelons theories to explore TMT legal expertise’s impact on firms’ adaptive strategies in emerging economies. Top entrepreneurs with political connections are characterized and it is shown that their private interests determine the choice in favor of maintaining “closedness” from the national economy and integration into global value chains.

The authors of this collection of essays describe many of these pathologies of a grabbing hand government, and examine their consequences for growth. At the same time, actors of political and administrative decision-making, including those at the highest level, demonstrate loyalty to such strategies of large entrepreneurs as co-owners of real residual property rights. Corruption and regulation can have ambiguous relationships with entrepreneurship unless you take a careful look at it. It is shown that this phenomenon is typical for countries with emerging markets and it is an unintended result of following the recommendations of the Washington Consensus, which provided for double liberalization.