Showing 1 - 10 of 99,347
We examine the impact of international venture capital investors on private firm success spanning 69 countries over the years 1995-2010. The data examined indicate that, relative to deals in which the investor base is purely domestic, private firms that have an international venture capital...
Persistent link: https://www.econbiz.de/10012904883
We examine the impact of institutional shareholders on the investment activity and financing constraints of established private companies. Our sample of institutional owners is derived from company share registers and is comprehensive regarding type of institution and size of equity stake....
Persistent link: https://www.econbiz.de/10013306666
Persistent link: https://www.econbiz.de/10003911377
decades in much of the developing world, took off in the 1990s after this policy shift, and has generally remained high (in … spite of a wave of crises and recessions in the late 1990s and early 2000s). Privatization has made a great deal of progress … in the developing world, particularly in Latin America, though the Middle East and North Africa (MENA) have lagged …
Persistent link: https://www.econbiz.de/10009427139
Technological advances have changed our ability to acquire and save information, with far-reaching implications in legal discovery and evidence. In this paper, we analyze the interrelated effect of legal presumptions and discovery rules in incentivizing the voluntary adoption of private evidence...
Persistent link: https://www.econbiz.de/10012834671
This paper investigates the welfare effects of private investments prior to trade. A seller of a durable good can privately invest on changing its quality. After the investment, she receives a take-it-or-leave-it offer from a buyer. Both the seller and the buyer value more goods of higher...
Persistent link: https://www.econbiz.de/10012893282
This paper documents recent structural changes in China's corporate landscape, based on company level data, providing a complementary perspective to that of official Chinese statistics. We classify China's largest companies by revenue since 2004 (based on Fortune Global 500 rankings), and...
Persistent link: https://www.econbiz.de/10013184745
Foreign direct investment (FDI) may benefit local firms in the host country through various kinds of spillovers, but it may also raise competition and result in the crowding out of domestic firms. Using detailed firm-level data for the period 2001–2008, this paper examines the aggregate effect...
Persistent link: https://www.econbiz.de/10012995415
privatization (i.e., IPO) has different effects depending on the types of owners to whom it gives control in corporate governance …
Persistent link: https://www.econbiz.de/10012212672
We study private shareholder engagements with 2,465 publicly listed firms from 2007 to 2020 about environmental, social, and governance (ESG) issues. We examine to what extent private engagements address financially material ESG issues and contribute to firm performance. We find that around 75%...
Persistent link: https://www.econbiz.de/10013403007