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Germany. The core contention is that a firm's financial position contributes to its access to external finance on credit …
Persistent link: https://www.econbiz.de/10010425733
Persistent link: https://www.econbiz.de/10014576085
compares two key Works Council models in Europe - those of Germany and France. It then discusses some of the challenges that … currently under the purview of Works Councils in Germany and France …
Persistent link: https://www.econbiz.de/10014119009
In France, the legal obligation for private-sector companies to have, under certain conditions, one or two employee representatives on their boards goes hand in hand with the possibility for the company to decide to have its European Works Council (EWC) or SE Works Council (SE-WC) appoint the...
Persistent link: https://www.econbiz.de/10014265737
In France, the legal obligation for private-sector companies to have, under certain conditions, one or two employee representatives on their boards goes hand in hand with the possibility for the company to decide to have its European Works Council (EWC) or SE Works Council (SE-WC) appoint the...
Persistent link: https://www.econbiz.de/10014244017
Persistent link: https://www.econbiz.de/10001438355
changes in modelling strategy and econometric methodology, over the past twenty years, on estimation of firm-level investment … correction, traditional between- and within-firm estimation versus GMM estimation, the investment behavior of French firms versus … significant improvement in the specification, estimation and interpretation of firm investment equations; we also fin some real …
Persistent link: https://www.econbiz.de/10012471345
How do firms vary their capital investment and financing policies in response to business cycle fluctuations within their industry? To address this question, we use the regime-switching approach to compute the quarterly time-series of the probability of a future industry downturn for industry...
Persistent link: https://www.econbiz.de/10012838011
In this paper, we investigate the effect of real estate prices on productive investment. We build a simple theoretical framework of firms' investment with credit rationing and real estate collateral. We show that real estate prices affect firms' borrowing capacities through two channels. An...
Persistent link: https://www.econbiz.de/10012958147
In this paper, we investigate the effect of real estate prices on productive investment. We build a simple theoretical framework of firms' investment with credit rationing and real estate collateral. We show that real estate prices affect firms' borrowing capacities through two channels.An...
Persistent link: https://www.econbiz.de/10012906468