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In our model, informed players decide whether or not to disclose, and observers allocate attention among disclosed signals, and toward reasoning through the implications of a failure to disclose. In equilibrium disclosure is incomplete, and observers are unrealistically optimistic. Nevertheless,...
Persistent link: https://www.econbiz.de/10005407521
Our study aims at understanding the introduction and the development of financial 'communication' in French companies. The case of Saint-Gobain (1867-2005) is used to explain why and how Saint-Gobain have taken the initiative in going more to meet investors, by having voluntary disclosed more...
Persistent link: https://www.econbiz.de/10005076574
India, with its 20 million shareholders, is one of the largest emerging markets in terms of the market capitalization …. In order to protect the large investor base, the Securities and Exchange Board of India (SEBI) has enforced a regulation …
Persistent link: https://www.econbiz.de/10005413156
This paper examines the two-way relationship between birth interval and child survival and compares the behaviour of households in the Indian and Pakistani provinces of Punjab. Birth interval and child survival are modelled here as correlated hazard processes, allowing for mother- specific...
Persistent link: https://www.econbiz.de/10005076550
theoretically consistent manner, this paper presents evidence on the effects of economic liberalization of 1991 in India. Two robust …
Persistent link: https://www.econbiz.de/10005124859
This paper analyzes patterns of foreign direct investment in India. We investigate how labor conflict, credit … decisions and labor unrest simultaneously. Results indicate that labor unrest is endogenous across the states of India, and has …
Persistent link: https://www.econbiz.de/10005124865
Persistent link: https://www.econbiz.de/10005125608
for observed ‡uctuations in macro economic aggregates in India. We find that exogenous fl‡uctuations in productivity can …
Persistent link: https://www.econbiz.de/10005126360
This paper examines the effect of ownership structure on the firm performance for an unbalanced panel of 2478 Indian corporate firms from 1994 to 2000. We examine the effect of interactions between corporate, foreign, institutional, and managerial ownership on firm performance. Using panel data...
Persistent link: https://www.econbiz.de/10005134786
The Venture capital (VC) industry in India is of recent origin. However, the average investment value of each deal in … India have grown from $3.85 million in 2000 to $7.89 million in 2001.These developments together with the recent steps taken … by government to promote venture capitalism in India provide an opportunity for an examination of venture capital …
Persistent link: https://www.econbiz.de/10005134795