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L’IDENTIFICAZIONE DEI DISTRETTI RURALI PER LA VALORIZZAZIONE TURISTICA DELLA SICILIA
Petino, Gianni - EconWPA - 2005
L’obiettivo del presente lavoro è quello di sottolineare la necessità e l’utilità dei distretti rurali ed agroindustriali, sia per la valorizzazione turistica della Sicilia, che per il mantenimento della capacità produttiva ed il superamento delle ridotte dimensioni aziendali, ed anche...
Persistent link: https://www.econbiz.de/10005118952
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Why Are There Explicit Contracts of Employment?
James, Harvey; Johnson, Derek - EconWPA - 2002
understanding of two fundamental problems that arise when agency relationships are established between a worker and firm. The first … is that agency relationships often require the creation of specific property rights in order for firm owners to realize … productive efficiencies of scale or scope from agency. The second is that the economic characteristics of the agency relationship …
Persistent link: https://www.econbiz.de/10005076642
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Corporate Diversification and Agency
Hermalin, Benjamin E.; Katz, Michael L. - EconWPA - 1994
can otherwise be explained by, the agency relationship between securities holders and managers. We argue that the value of … diversification in an agency relationship derives not from its effects on risk, but rather from its effects on the principal …
Persistent link: https://www.econbiz.de/10005134525
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Why Funds of Funds?
Lai, Richard Kum-yew - EconWPA - 2005
Private equity funds of funds (FOFs) have become big business. Today, FOFs form 14% of new money raised. I test six explanations for the rise of FOFs. First, I find that FOFs do not generally deliver superior returns. They do, however, do well enough for the limited partners (LPs) that hire...
Persistent link: https://www.econbiz.de/10005134791
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Three Union Regulations for Environment Protection Agency: A Game with 12 bank notes
Mullat, Joseph - EconWPA - 2001
the interaction of interests between companies and environment protection agency, which takes into account the nature …
Persistent link: https://www.econbiz.de/10005407567
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AGENCY, ASSOCIATIONS AND CULTURE: A THALE OF STATE AND SOCIETY
Talpos, Ioan; Dima, Bogdan; Enache, Cosmin; Mutascu, … - EconWPA - 2005
theoretical foundation, elements resumed by a set of critical postulates and a special definition of state as the dominant agency …
Persistent link: https://www.econbiz.de/10005408429
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Do Tender Offers Create Value? New Methods and Evidence
BHAGAT, SANJAI; DONG, MING; HIRSHLEIFER, DAVID A.; … - EconWPA - 2004
We develop the Probability Scaling Method, which rescales short-window announcement period returns; and the Intervention Method, which uses returns associated with intervening events, to estimate value improvements from tender offers. These methods address biases in conventional techniques,...
Persistent link: https://www.econbiz.de/10005413073
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A Tale of Two Wages: Separating Contract from Governance
Harvey S. James Jr. - EconWPA - 1997
This paper distinguishes between governance structure and contractual form. The basic premise is that researchers often confuse these two concepts when they develop or empirically test models within the transaction cost framework. In the paper I utilize a simple principal- agent model to show...
Persistent link: https://www.econbiz.de/10005561837
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Crescimento Econ\363mico no P\363s-guerra: os Casos de Espanha, Portugal e Irlanda
Sequeira, Tiago - EconWPA - 2002
The years following the Second World War were those of the greatest economic growth that Europe had ever seen. If the countries of the Iberian Peninsula, neutral in the conflict and ruled by dictatorial regimes, enjoyed that growth and had participated in the convergence phenomenon, Ireland,...
Persistent link: https://www.econbiz.de/10005556858
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Communities of Practice: Going One Step Too Far?
Kimble, Chris; Hildreth, Paul - EconWPA - 2005
n the late 1990s, Knowledge Management (KM) and Communities of Practice (CoPs) seemed inseparable. CoPs appeared to offer the key to reversing the failure of some of the earlier technologically based attempts to manage knowledge. However, the original CoP concept was built around a very...
Persistent link: https://www.econbiz.de/10005076861