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governance on the shareholders' confidence. We are trying to explore the relationship between its different variables in the … committees and the boards of directors and the asset efficiency and the confidence of the shareholders of the counterpart. On the … companies seem to have a negative and significant effect on the shareholders' confidence. …
Persistent link: https://www.econbiz.de/10010885293
the observed patterns in the team-entry gender gap: (1) a gender gap in confidence in others (i.e. women are less …
Persistent link: https://www.econbiz.de/10009325706
La question du champ couvert par la gouvernance d'entreprise n'est pas définitivement tranchée pas plus que ne l'est celle de la limite entre gouvernance et leadership. La question se pose donc bien de savoir ce que l'on entend par gouvernance aujourd'hui. Serait-elle à opposer à cet autre...
Persistent link: https://www.econbiz.de/10010750541
We consider redistributional taxation between people with and without human capital if education is endogenous and if individuals differ in their perceptions about own ability. Those who see their ability as low like redistributive taxation because of the transfers it generates. Those who see...
Persistent link: https://www.econbiz.de/10010751039
With a market entry game inspired by Camerer and Lovallo (1999), we study the attitudes of junior and senior employees towards strategic uncertainty and competition. Seniors exhibit higher entry rates compared to juniors, especially when the market capacity is not too low or when earnings from...
Persistent link: https://www.econbiz.de/10010899002
We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a market entry game inspired by Camerer and Lovallo (1999). Seniors exhibit higher entry rates compared to juniors, especially when earnings depend on relative performance. This...
Persistent link: https://www.econbiz.de/10010821398
The aim of this paper is to present a “Minskian” model which explicitly deals with the influence of the institutional dynamics on the relation between finance, investment and economic fluctuations. First, the Minskian foundations of the proposed analytical framework are highlighted. Second...
Persistent link: https://www.econbiz.de/10008792762
Our paper sheds light on the reasons for which a rational venture capitalist decides to reallocate his or her portfolio from later to early-stage investment. We explain why, during certain periods, there is a strong correlation between the performance of financial markets and the funds invested...
Persistent link: https://www.econbiz.de/10008794401
Prior to the 2008 financial crisis, the economic model of PPPs benefited from a very favorable environment in terms of credit availability and cost. The high level of liquidity in financial markets allowed rising abundant and not expensive external resources, because of both the low level of...
Persistent link: https://www.econbiz.de/10010541078
This paper investigates Value at Risk and Expected Shortfall for CAC 40, S&P 500, Wheat and Crude Oil indexes during the 2008 financial crisis. We show an underestimation of the risk of loss for the unconditional VaR models as compared with the conditional models. This underestimation is...
Persistent link: https://www.econbiz.de/10009399186