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the owners in the management. Family firm is the most common form of business in Greece. Hence, the governance structures … explore the main aspects of CG of family-owned listed companies in Greece. For this purpose, we apply a specific CG rating … on the current state of corporate governance in Greece. Each firm is rated among the 120 total number of companies (both …
Persistent link: https://www.econbiz.de/10005076961
We examine the transmission process of the policy rate to the lending and deposit rates in Greece for the period 1996 … of Greece into EMU in 2001. The bank rates become much more responsive to the policy rate in terms of impact multipliers …
Persistent link: https://www.econbiz.de/10005125020
present the main aspects of corporate governance in Greece, contributing to the relevant growing body of literature, and (ii …) to place the current corporate governance developments and trends in Greece within the international debate, especially … governance debate and its implication at the EU level. Secondly, I describe the corporate governance framework in Greece in the …
Persistent link: https://www.econbiz.de/10005561586
Small and medium sized enterprises (KOBIs in Turkish) make up about 98 percent of all manufacturing firms in Turkey. They make a significant contribution to the economy in terms of output, employment, value-added and economic growth. Unfortunately, there seems to be many obstacles restraining...
Persistent link: https://www.econbiz.de/10005062722
This paper analyzes the effects of public subsidies on R&D expenditure in the German manufacturing sector. The focus is on the question whether public R&D funding stimulates or crowds out private investment. Cross sectional data at the firm level is used. By applying parametric and...
Persistent link: https://www.econbiz.de/10005076604
are taken into account. The paper proposes a theory of innovation and market structure, showing that the relation between … innovation and competition depends on horizontal spillovers, vertical spillovers, and cooperative settings. The private …
Persistent link: https://www.econbiz.de/10005076906
. Uniting Schumpeter's concern for innovation with Keynes' concern for uncertainty and expectations formation, this article … focuses on the behaviour of entrepreneurs confronting uncertainty caused by innovation. Entrepreneurs' behaviour is … opened up by a successful innovation generates a state of optimism in the minds of single entrepreneurs, which eventually …
Persistent link: https://www.econbiz.de/10005077089
Shafer's evidence theory is a branch of the mathematics of uncertain reasoning that allows for novel possibilities to be conceived by a decision-maker. Many of its findings exhibit striking similarities with an alternative decision theory purported by Shackle in the 1950s, before expected...
Persistent link: https://www.econbiz.de/10005125582
The target of this paper is to question the causes of software intellectual property rights violation. To solve this question, the author analyses how has evolved the economic literature of IPR violation showing that the traditional market variables do not fulfill the requirements to explain the...
Persistent link: https://www.econbiz.de/10005126044
What determines the speed of the technology diffusion? What are the consequences of diffusion? This paper presents a model to address these questions. Skilled machine-users adopt a new technology first, while unskilled users wait until machines become more reliable and accessible. The quality...
Persistent link: https://www.econbiz.de/10005126129