We show how the scheme- and scale-dependence of the short-distance operator
product expansion with four-quark operators can be correctly accounted for in
the framework of the 1/Nc​-expansion once the hadronization of two-quark
currents has been fixed. We show formulas explicitly in the case of the
BK​-parameter. We then use them with our earlier estimates of the
long-distance effects. We compare Chiral Perturbation Theory at Leading- and
Next-to-Leading-Order with the ENJL model results in the chiral limit. Good
matching between the long- and short-distance regimes is obtained and our final
value for the physical scheme independent B^K​ is 0.77±0.05±0.05.Comment: 20 pages, use JHEP.cls and axodraw.sty; small error detected,
numerical results changed with about quoted erro