Separating economic from political influences on government decisions

Article Abstract:

An evaluation of the sophisticated public interest theory which takes into account lobbying group influence reveals that some interest groups are indeed influential in political decisions and that some of them work for the public good. The study reveals that interest groups do ave a significant effect on policy decisions so that the task would be to identify these interest groups whose goals that are in line with the public interest.

Political Science, Social Scientists, Influence, Lobbying, Policy sciences, Political action committees

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Managerial turnover and the theory of short-termism

Article Abstract:

An analysis of managerial short-termism reveals that own-reward maximizing managers tend to concentrate on short-term projects that have intrinsically lower-net values but yield higher short-term returns. The study reveals that managers will tend to concentrate on strategic rather than tactical projects because of the idea of managerial turnover which influences managers to enjoy the fruits of their labor.

Psychological aspects, Management, Business economics, Managerial economics

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Small firms, borrowing constraints, and reputation

Article Abstract:

An analysis of the role of reputation in the financing of small businesses reveals that small firms face higher interest rates and lower credit limits due to the relative lack of information on their performance. These constraints however, are overcome by time and the size of the firms. The study also reveals that credit market fluctuations affect small firms more severely than larger ones.

Commercial Banks, Commercial Banking, Business Financing, Finance, Small business, Capital market, Capital markets, Commercial loans

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