Caste, courts and business

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IDL-59150.pdf (3.68 MB)

Date

2018-10-17

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Abstract

This study illustrates how quality of contract enforcement institutions affects decision-making of entrepreneurs. Business enterprises are enabled to flourish through improvements in the role of legal institutions in contract writing. The paper focuses on the impact of the judiciary in India in facilitating new small and medium entrepreneurs especially those from disadvantaged sections of the society. In 2013 approximately 30 million cases were pending in different courts in India. On average it takes 15 years for a civil case to be resolved. Reforms in civil court procedure can lead to lower breach of contract, higher access to capital and building of new capacity.

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SMALL AND MEDIUM ENTERPRISES, ENTREPRENEURSHIP, JUDICIAL SYSTEM, INSTITUTIONAL CHANGE, CONTRACTS, BUSINESS CREATION, MATHEMATICAL MODELS, CIVIL LAW, ACCESS TO JUSTICE, INDIA, SOUTHASIA

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http://hdl.handle.net/10625/59150

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IDRC Research Results / Résultats de recherches du CRDI
2010-2019 / Années 2010-2019
Research Results (EG) / Résultats de recherches (EC)