Showing 1 - 10 of 118
This paper investigates the factors that explain the level and dynamics of manufacturing firm productive efficiency. In our empirical analysis, we use a unique sample of about 39,000 firms in 256 industries from the German Cost Structure Census over the years 1992-2005. We estimate the...
Persistent link: https://www.econbiz.de/10005644897
This paper replicates and extends the empirical work of Boyd’s 1995 article: CEO Duality and Firm Performance: A Contingency Model. We retest Boyd’s hypotheses using a database of over 11,000 Swedish firms from the year 2005 to 2009. Similar to Boyd, we find that CEO duality is positively...
Persistent link: https://www.econbiz.de/10011200201
the productivity of incumbent firms is modeled as a function of firm attributes and regional entrepreneurship activity …. The analysis finds support for positive productivity effects of entrepreneurship on incumbent firms, albeit the effect … sectors appears to be more responsive to regional entrepreneurship, as compared to the productivity of manufacturing firms. …
Persistent link: https://www.econbiz.de/10009274562
Research on entrepreneurship has flourished in recent years and is evolving rapidly. This paper explores the history of … entrepreneurship research, how the research domain has evolved, and its current status as an academic field. The need to concretize … confronting the prize committee of the Global Award for Entrepreneurship Research. Entrepreneurship has developed in many sub …
Persistent link: https://www.econbiz.de/10010818738
The purpose of the paper is to show how entrepreneurship conditions vary between regions of various sizes, and test the … theoretical arguments on why large regions generally should generate more entrepreneurship. The paper empirically ana¬lyzes the … role of regional size in explaining varia¬tions in total entrepreneurship. It also examines en¬trepreneurship in different …
Persistent link: https://www.econbiz.de/10008460548
This paper investigates the role of knowledge for successful entrepreneurship. The paper explicitly discusses the role …
Persistent link: https://www.econbiz.de/10005644953
. It appears impossible to produce a single definition of entrepreneurship and most theoretical approaches yield … concept. Numerous empirical studies have examined the effects of entrepreneurship, but few studies have been undertaken in … of this paper is to provide a critical overview of recent empirical research on the relationship between entrepreneurship …
Persistent link: https://www.econbiz.de/10005644970
Institutional theory suggests that informal institutions effectively constrain human behavior. Culturally embedded norms and values align corporate governance with socially acceptable outcomes. We argue that active foreign investors can act as agents of change in corporate governance....
Persistent link: https://www.econbiz.de/10010739964
Shares with more voting rights than cash flow rights provide their owners with a disproportional influence that is often found to destroy the value of outside equity. This is taken as evidence of discretionary use of power. However, concentration of power does not necessarily result from control...
Persistent link: https://www.econbiz.de/10008853950
Private equity companies have become a major force in the economic landscape. Financial- and operational-engineering are innovative characteristics of this emerging method of finance. The existing empirical data provide strong evidence that private equity activity contribute positively to the...
Persistent link: https://www.econbiz.de/10008487212