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The question of why individual investors want dividends is investigated by submitting a questionnaire to a Dutch investor panel. The respondents indicate that they want dividends partly because the cost of cashing in dividends is lower than the cost of selling shares. Their answers provide...
Persistent link: https://www.econbiz.de/10005076991
of the Firms from the World Business Environment Survey”, and based on a chapter in “Pathways Out of Poverty: Private … the World Business Environment Survey (WBES). It shows that important dimensions for the climate of business operation and … investment climate. The survey findings suggest that key policy, institutional and governance indicators affect the growth of a …
Persistent link: https://www.econbiz.de/10005077053
This paper presents the findings of a new survey by the Commission on what motivates Australian firms to operate or … Australian firms of operations overseas typically complements their domestic activities. The survey confirms that relatively few …
Persistent link: https://www.econbiz.de/10005124912
This paper reviews the empirical literature on the economic costs of corruption. Corruption affects economic growth, the level of GDP per capita, investment activity, international trade and price stability negatively. Additionally, it biases the composition of government expenditures. The...
Persistent link: https://www.econbiz.de/10005125992
The decisions made during the design process have a critical impact both on the design solution obtained but also on the design process itself. It can be observed that while the way in which products are developed differs not only across firms but within the same firm over time, what is being...
Persistent link: https://www.econbiz.de/10005062523
MyQuestLight is a free Excel add-in for processing questionnaire responses, which can be downloaded from IDEAS (search under Software Components). It leverages on Excel’s flexibility in organizing data, supplementing it with a set of powerful tools for automating the inputting of questionnaire...
Persistent link: https://www.econbiz.de/10005556278
This essay summarizes some recent empirical contributions on two aspects of sharecropping: (i) the effects of the contractual form (incentive power and contract length) on resource allocation and farm performance; and (ii) the exogenous elements behind the choice of different contractual forms.
Persistent link: https://www.econbiz.de/10005561060
While the role of exports in promoting growth in general, and productivity in particular, has been investigated empirically using aggregate data for countries and industries for a long time, only recently have comprehensive longitudinal data at the firm level been used to look at the extent and...
Persistent link: https://www.econbiz.de/10005119250
We provide some existence results of stable pricings for natural monopoly as defined in the theory of contestable markets. The main addings are based on the assumption of separated markets and the possibilities of entries. We borrow tools from cooperative game theory. Following the work of...
Persistent link: https://www.econbiz.de/10005125630
of the sustainability of the Valais’ public debt in order to determine if its level is excessive or not. …
Persistent link: https://www.econbiz.de/10005125990