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operators. Second, a problem of moral hazard is revealed, which is able to appear through the implementation of franchising …
Persistent link: https://www.econbiz.de/10005134552
franchising schemes with independent divisions. This is particularly interesting because it can be applied to several industries …
Persistent link: https://www.econbiz.de/10005561474
Amongst other things, this report: . provides a statistical overview of the structure of the industry and the activities of the 500 acute care, psychiatric and day hospitals that operate within it; . looks at some indicators of the industry’s financial performance, efficiency and quality of...
Persistent link: https://www.econbiz.de/10005134599
Agency costs are a cost of production, and firms that do a better job of minimizing these costs should exhibit better performance. This paper tests this hypothesis by calculating the performance elasticity of average employee hourly compensation for U.S. manufacturing firms. This elasticity...
Persistent link: https://www.econbiz.de/10005076551
Despite the seminal work of Claessens et al. (2002), who highlighted the role of ownership structure on firm performance in East Asia, the relationship between capital structure and ownership remains much unexplored. This is important, given recent empirical and theoretical work linking capital...
Persistent link: https://www.econbiz.de/10005076974
Despite the seminal work of Claessens et al. (2002), role of ownership structure on capital structure and firm performance in East Asian corporattions remains much unexplored. Within the framework of Bajaj et al. (1998), the present paper empirically examines the effects of a controlling manager...
Persistent link: https://www.econbiz.de/10005076997
This paper studies the impact of federal state shareholdings on the performance of Russian companies. It differs from most similar studies in two respects. Firstly, it focuses on mixed ownership companies rather than conventional state enterprises. Secondly, it distinguishes between several...
Persistent link: https://www.econbiz.de/10005126260
This paper focuses on how attitudes affect entrepreneur’s strategy selection at the organizational level. It also attempts to discover if contingencies exist in this relationship that may account for differences in firm performance. The model developed, based on the existing literature, is...
Persistent link: https://www.econbiz.de/10005134537
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
This paper assesses the use of information and communication technologies (ICTs) and their impact on the economic performance of small- and medium-scale enterprises (SMEs) of three East African countries: Kenya, Tanzania and Uganda. Findings of the paper suggest that the diffusion of ICT among...
Persistent link: https://www.econbiz.de/10005135042