Showing 1 - 10 of 29
This paper analyses ownership and control structures of Dutch listed companies. Legislation effective since 1992 … that the average ownership stakes of the largest and the three largest shareholders are 27% and 41%, respectively. The … average ownership stakes of banks, insurance companies and other financial institutions are relatively low. We observe that …
Persistent link: https://www.econbiz.de/10005570373
The paper analyses the ownership structure of a large sample of Spanish listed companies. The results are analysed in … terms of governance implications under the agency theory context. The results show a picture with concentrated ownership … where stock markets are relatively low important. Direct ownership and voting blocks, which account for indirect ownership …
Persistent link: https://www.econbiz.de/10005230816
various factors such as quantity and price effect, technical change, efficiency change, resource mix, product mix and scale … improvements in efficiency gains. The input price and scale effect had a significant negative impact on profit changes. This …
Persistent link: https://www.econbiz.de/10010603769
, aggregation, and weighting. Nonparametric data envelopment analysis (DEA) methods, originating in the production economics … weighting techniques by focusing on a measure of best-case relative performance. Recently, the standard DEA model for composite … analogue of standard DEA for composite indicators and show how it leads to tractable optimization problems. Finally, we compare …
Persistent link: https://www.econbiz.de/10011268600
The paper presents estimation of the health losses from urban air pollution in Ukraine. The methodology developed by US … computed concentrations of PM2.5, the study was based on monitoring data of total suspended particle (TSP) emissions in Ukraine … total, air pollution related mortality represents about 6 percent of total mortality in Ukraine. In Russia the corresponding …
Persistent link: https://www.econbiz.de/10005423189
Much of the job search literature assumes bilateral meetings between workers and firms. This ignores the frictions that arise when meetings are actually multilateral. I analyze the magnitude of these frictions by presenting an equilibrium job search model with an endogenous number of contacts....
Persistent link: https://www.econbiz.de/10009421238
Eco-entrepreneurs in developing countries are often subject to market or institutional constraints, e.g. via credit rationing or missing markets. Conservation interventions which relax constraints may be both cost-effective and poverty reducing. A simulation using data from an intervention in...
Persistent link: https://www.econbiz.de/10010584504
Consider a collection of m indivisible objects to be allocated to n agents, where m = n. Each agent falls in one of two distinct categories: either he (a) has a complete ordinal ranking over the set of individual objects, or (b) has a set of “plausible” benchmark von Neumann-Morgenstern...
Persistent link: https://www.econbiz.de/10008853071
. Constraining choices increases segregation and affects the stability and efficiency of the final allocation. Remarkably, the …
Persistent link: https://www.econbiz.de/10005008015
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between individual strategic behavior and collective outcome. What has...
Persistent link: https://www.econbiz.de/10005008043