Showing 1 - 10 of 300
We develop and test a nested logit model to examine how firms choose between a rights offering and a private equity placement. We find that family-controlled firms avoid issue methods that dilute control benefits or subject them to more monitoring, in particular when the family's control margin...
Persistent link: https://www.econbiz.de/10001600080
This paper investigates the time-path of efficiency and productivity change in the case of the Romanian cement industry … the Romanian cement industry before the revolution in 1989 is a slow rate of productivity progress, and a corresponding … catch up in the level of productive efficiency. -- Productivity change ; productive efficiency ; stochastic frontiers ; time …
Persistent link: https://www.econbiz.de/10001600014
relationship between innovation and productivity in Finland, Norway and Sweden at the firm level. Although these countries enjoy a … high degree of political, social and cultural similarities, they differ largely from one another in their productivity … productivity growth. Results reveal major discrepancies between the estimated firm-level results and the aggregated figures …
Persistent link: https://www.econbiz.de/10001600085
Persistent link: https://www.econbiz.de/10000860118
Persistent link: https://www.econbiz.de/10000955116
Persistent link: https://www.econbiz.de/10000955999
Persistent link: https://www.econbiz.de/10000921857
Persistent link: https://www.econbiz.de/10000937957
Persistent link: https://www.econbiz.de/10000976654
Persistent link: https://www.econbiz.de/10000869565