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Outside Finance, Dominant Investors and Strategic Transparency

Perotti, Enrico C; von Thadden, Ernst-Ludwig - C.E.P.R. Discussion Papers - 2001

This Paper studies the incentives for transparency under different forms of corporate governance in a context of product market competition. This Paper endogenizes the governance and financial structure of firms and determines a strategic decision on the degree of transparency in a context of...

Persistent link: https://www.econbiz.de/10005656269

Retained State Shareholding in Chinese PLCs: Does Government Ownership Reduce Corporate Value?

Estrin, Saul; Tian, Lihui - C.E.P.R. Discussion Papers - 2005

The role of government shareholding in corporate performance is central to an understanding of China’s newly privatized …

Persistent link: https://www.econbiz.de/10005656424

Multinational Companies and Indigenous Development: An Empirical Analysis

Görg, Holger; Strobl, Eric - C.E.P.R. Discussion Papers - 2002

This Paper presents an empirical study of the effect of foreign multinational companies on the development of indigenous firms in the host country. Our starting point is a recent paper by Markusen and Venables (1999) that shows formally that multinationals, through the creation of linkages with...

Persistent link: https://www.econbiz.de/10005124056

Coagglomeration and Growth

Barrios, Salvador; Bertinelli, Luisito; Strobl, Eric - C.E.P.R. Discussion Papers - 2003

Using plant-level data for the Irish manufacturing sector over the period 1983-98, we study the coagglomeration of domestic plants and foreign multinationals in Ireland. To this end we make use of the index developed by Ellison and Glaeser (1997) and find coagglomeration to be important for a...

Persistent link: https://www.econbiz.de/10005497785

'Footloose' Multinationals?

Görg, Holger; Strobl, Eric - C.E.P.R. Discussion Papers - 2002

This Paper examines whether multinational companies are more ‘footloose’ than their domestic counterparts in the host country, using data for the Irish manufacturing sector. First, we investigate whether plant survival rates differ between multinationals and indigenous plants. Second, we...

Persistent link: https://www.econbiz.de/10005114379

Gender Differences in Risk Behaviour: Does Nurture Matter?

Booth, Alison L; Nolen, Patrick - C.E.P.R. Discussion Papers - 2009

Women and men may differ in their propensity to choose a risky outcome because of innate preferences or because pressure to conform to gender-stereotypes encourages girls and boys to modify their innate preferences. Single-sex environments are likely to modify students' risk-taking preferences...

Persistent link: https://www.econbiz.de/10005082546

Taboos: Considering the Unthinkable

Fershtman, Chaim; Gneezy, Uri; Hoffman, Moshe - C.E.P.R. Discussion Papers - 2008

in which taboos are part of the definition of one's identity. Deliberating over breaking the taboo adds the action to the … individual’s choice set and provides information on possible private benefits but is costly because it contradicts one's identity … varying strengths of taboos. Having such a choice defines an evolutionary process with respect to identity: Some identities …

Persistent link: https://www.econbiz.de/10005791808

Oppositional Identities and the Labour Market

Battu, Harminder; Mwale, MacDonald; Zenou, Yves - C.E.P.R. Discussion Papers - 2005

We develop a model in which non-white individuals are defined with respect to their social environment (family, friends, neighbours) and their attachments to their culture of origin (religion, language), and in which jobs are mainly found through social networks. We find that, depending on how...

Persistent link: https://www.econbiz.de/10005792206

Ethnic Identity and Social Distance in Friendship Formation

De Martí, Joan; Zenou, Yves - C.E.P.R. Discussion Papers - 2009

the same type of agents might be weak even if the within-type link cost is very low; (ii) oppositional identity patterns …

Persistent link: https://www.econbiz.de/10008491722

'Bend It Like Beckham': Identity, Socialization and Assimilation

Bisin, Alberto; Patacchini, Eleonora; Verdier, Thierry; … - C.E.P.R. Discussion Papers - 2006

We first develop a model of identity formation resulting from the interaction of cultural transmission and … socialization inside the family, peer effects and social interactions, and identity choice. We then put the model to data using the … UK Fourth National Survey of Ethnic Minorities. We show that the main determinants of ethnic identity include past racial …

Persistent link: https://www.econbiz.de/10005067580

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