Using a panel data set of 361 German corporations for the period 1991 to 1996 we test the hypothesis that firms with more efficient governance structures have higher profitability. To determine efficiency we compare firms with respect to ownership concentration, the identity of owners, capital...

Motivated by differences in New-firm survival across regions, this paper explores the impact of regional human capital on New-firm survival rates. New-firm survival is interpreted through formation rates of surviving versus closed firms in the sevice sector...