Empirical Studies of the Behavior of Justices and High Courts in Latin America:

2021 ◽  
pp. 199-231
Author(s):  
DIANA KAPISZEWSKI ◽  
LYDIA B. TIEDE
2021 ◽  
pp. 174889582110313
Author(s):  
Wilson Hernández ◽  
Katrina R Heimark

Most empirical studies that examine why individuals report property crimes to the police have focused on Global North countries where crime rates are low. This study is situated in the most violent area of the world, Latin America, and examines Peru, which has the highest robbery victimization rate in the Americas. This article examines the applicability of theories of crime reporting in this Global South context using a large sample and multilevel modeling. We find that trust in the police has no impact on the reporting of the robbery of one’s cellphone, purse or wallet. The theories of rational choice and Black’s stratification of law provide strong explanations for the reporting of robbery of these personal items. Individuals of higher social status and those who reside in districts with low levels of social disadvantage are more likely to report, as well as those who have experienced violent victimization.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Marc Berninger ◽  
Bruno Fiesenig ◽  
Dirk Schiereck

PurposeThe fundamental theory of Modigliani and Miller (1958) states that a firm's financing decisions are independent from the firm's value. Nevertheless, several empirical studies as well as theoretical approaches from the past decade impugn this relation for real markets with their immanent inefficiencies. However, these questions are rather than academic in nature: Especially the influence of macroeconomic conditions on the market perception of debt issues is from high economic importance, since the need for new liquidity usually becomes even more urgent when the economic conditions worsen.Design/methodology/approachThis paper analyzes the reaction of shareholders to the issue of debt by Latin American firms under special consideration of the macroeconomic sentiment. To do so, a sample of debt issued by Latin American companies between 2003 and 2010 is empirically examined through an event study.FindingsThe authors empirically demonstrate that specifically in Latin America, debt issuing companies show a significant underperformance during recessionary periods and an overperformance during nonrecessionary periods. These findings differ from previous results for mature capital markets. The authors conclude that not only the overall economic conditions matter to explain stock market reactions on bond issues but also the maturity of the corporate debt market plays an important role.Originality/valueThe authors provide first evidence that the previously described changes in the returns on specific stocks depending on the economic sentiment (Baker and Wurgler, 2006) are under certain conditions also present in the market for corporate debt.


2021 ◽  
pp. 267-274
Author(s):  
DOMINIQUE H. LEWIS

Author(s):  
Florian Matthey-Prakash

Chapter 4 deals with the issue of lack of access to justice and attempts to find reasons for the inaccessibility of the higher judiciary. While it appears to be clear to observers that the Supreme Court and high courts are not accessible enough, surprisingly, there are actually no empirical studies that examine why this is the case. Some factors can, however, be deduced from a study dealing with the inaccessibility of district courts, that is, the lower judiciary.The fourth chapter also shows that the institution of Public Interest Litigation, for various reasons, cannot compensate for lack of access to justice, and that the state is not properly implementing (or not at all exploring) many other possible alternative mechanisms.


2009 ◽  
Vol 1 (2) ◽  
pp. 59-85 ◽  
Author(s):  
Bruce M. Wilson

This article analyzes the conditions that allowed for expansive rights revolutions in Costa Rica and Colombia. My research suggests that many of the preconditions for rights revolutions in other regions of the world are also central to understanding Latin American cases. Of particular relevance is judicial system design including the high courts’ operating rules concerning access, standing, and judicial formality. These factors can and do mitigate the need for extensive resources and support structures necessary in other non-Latin American countries in which rights revolutions have occurred.


2017 ◽  
Vol 46 (2) ◽  
pp. 207-225 ◽  
Author(s):  
Felipe Aravena Castillo ◽  
Philip Hallinger

The purpose of this systematic review was to further our understanding of educational leadership and management (EDLM) knowledge production in Latin America. We conducted a “topographical review” of 48 articles from Latin America published in eight “core” EDLM journals published between 1991 and 2017. Data analysis focused on analyzing identified modal trends as well as highlighting variability in patterns of knowledge production. Notably, 75% of the studies had been published in the past 10 years, and 56% in the past five years. Geographic coverage was highly uneven across Latin America. While there were 19 articles from Chile, numerous Latin American societies were unrepresented in the database. Almost 80% of the corpus consisted of empirical studies and topical foci were highly diverse. Comparison of these results with findings reported in recent reviews of EDLM research from other developing societies yielded recommendations for enhancing research capacity and output in Latin America. A key limitation of the review was its exclusion of local language sources. This led to the further recommendation for Latin American scholars to undertake broader multi-language reviews of the EDLM knowledge base in Latin America.


Author(s):  
Lina M. Gomez ◽  
Yanitzary Alvarado Naveira ◽  
Aileen Pujols Bernabel

University Social Responsibility (USR) is the ethical and transparent management of the administrative, educational, cognitive and social processes carried out by a higher education institution. More and more universities are practicing USR not only in Latin America but also in the United States and Europe, in order to reduce the negative impacts their daily operations can have on different stakeholders and on a macro level on society, the economy, and the environment. However, despite existing knowledge in the implementation of USR in Latin America and the Caribbean, there are few empirical studies that analyze the positions of diverse internal stakeholders regarding USR practices mainly in the Caribbean. Therefore, this study analyzes the perspectives of the internal stakeholders in social responsibility initiatives and processes at a private university in Puerto Rico. A total of 533 participants (356 students, 99 administrative staff, and 78 faculty members) were interviewed and were given a questionnaire, which evaluated the following areas: responsible campus, professional and citizenship education, social knowledge management, and social participation. Overall, the internal stakeholders’ perceptions were consistent among the three groups. It can be observed that the various internal stakeholders are aware of what it means—in theory, and in practice—, to be a socially-responsible university, although they also recognize opportunities for improvement and future challenges regarding USR. The results of this study contribute to the literature, to the application of conceptual models—mainly from the perspectives of internal stakeholders—and to the importance of evaluating USR practices.


2021 ◽  
Vol 13 (7) ◽  
pp. 4077
Author(s):  
Laura Zapata-Cantu ◽  
Fernando González

Sustainable development is considered as one of the vital challenges of the 21st century for humanity. The COVID-19 pandemic has disrupted economic and social life, forcing governments and businesses to reconsider their priorities. There are rare empirical studies on the national innovation system and its relationship to sustainability development for emerging countries. This paper aims at shedding light on how mission-oriented policies have marked sustainable regional development and innovation in Latin America. The present study presents the capabilities that could support the improvement of the national innovation system and, as a consequence, sustainability development. To understand how Latin American countries act on innovation and sustainable development initiatives, two global rankings in these areas, The Global Innovation Index 2020 and The Sustainable Development Report 2020, were analyzed. The results indicate some obstacles must be overcome such as the high levels of social inequality and poverty that still constitute significant challenges for this region. Today’s biggest challenges are facing a pandemic situation and guaranteeing economic development that allows the underprivileged to escape poverty without dooming future generations to an even more degraded environment than the current one. Innovation continues to play a critical role in the transition toward a more sustainable world.


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