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This paper examines how CEO pay is related to firm size and to firm performance in Finland by using new individual-level compensation data in 1996-2002. We find robust evidence that CEO average compensation has increased substantially between 1996 and 2002. For example, the ratio between CEO and...
Persistent link: https://www.econbiz.de/10005749350
Our study aims at shedding light on the organizational mechanisms that produce differences in the firmsŽ innovation performance. We use a survey data collected from 398 Finnish manufacturing firms for the years 2002 and 2005 to empirically explore whether and which organizational factors...
Persistent link: https://www.econbiz.de/10005566053
analyse the effects of foreign mergers and acquisitions on labour productivity and employment growth up to five years after …
Persistent link: https://www.econbiz.de/10010987098
We assess Finland’s competitiveness in the light of various, mainly short-term indicators. It turns out that the weak export market performance over the last few years is linked to the deterioration of profitability of production in Finland. A better export and employment performance requires...
Persistent link: https://www.econbiz.de/10010987113
to address the product-service transition is the socio-economic view of service productivity. On that basis, the paper …
Persistent link: https://www.econbiz.de/10010987118
cover essentially all firms in the Finnish business sector, we first document that labor productivity dispersion is very … market equilibrium and whether innovation subsidies can improve industry productivity by mitigating such a tax distortion. …
Persistent link: https://www.econbiz.de/10010987122
-R&D employment. The third essay focuses on the productivity effects of R&D. The results of empirical analyses are two-fold. In the … short run (in 1-2 years), no statistically significant productivity impact of R&D is found. However, R&D does have an … of almost 5 years is needed to capture the productivity impact of R&D. The fourth essay studies how patent quality …
Persistent link: https://www.econbiz.de/10010987130
second essay presents empirical evidence on the productivity impacts of stock option schemes. It shows that when endogeneity … firm productivity. The finding is consistent with the hypotheses that predict negligible effects of option plans on firm … performance. The third essay studies whether, instead of productivity, option schemes affect firm technical inefficiency. The …
Persistent link: https://www.econbiz.de/10010987154
business subsidies on firm productivity performance and on the relationship between firms’ lagged labor productivity and market … firms’ productivity performance. It seems that particularly employment and investment subsidies tend to be allocated to the … relatively less efficient companies. We further observe that a decline in the firm’s lagged labor productivity levels are clearly …
Persistent link: https://www.econbiz.de/10010987353
outlines the microeconomic frame for the integrative analysis of service productivity. The integrative frame is further refined … possible to address the intangible aspects of service productivity through the tangible characteristics of the firm …’s organization and the underlying strategy. The organizational method in the analysis of service productivity is illustrated by the …
Persistent link: https://www.econbiz.de/10010987360