This paper investigates the impact of ownership structure and contractual choices on technical efficiency in the French … ownership regime and contractual practices are key determinants of performances.To test this proposition, we use an original … frontier methodology.The econometric results corroborate our proposition: the technical efficiency of urban public transport …

and evaluate the impact of alternative ownership models, together with the degree of ownership concentration, on their … profitability, cost efficiency and risk. Three main results emerge. First, after controlling for bank characteristics, country and … ownership concentration does not significantly affect a bank's profitability, a higher ownership concentration is associated …

committees and the boards of directors and the asset efficiency and the confidence of the shareholders of the counterpart. On the … governance on the shareholders' confidence. We are trying to explore the relationship between its different variables in the … companies seem to have a negative and significant effect on the shareholders' confidence. …

-events. We derive the objective of the firm from the assumption of initial-shareholders efficiency. Each shareholder is assumed … all its initial shareholders. We prove existence of an equilibrium. …

agents affect outcomes and efficiency. Informational asymmetries generate inefficiency. In an environment where principals … principals. In contrast, when agents compete to be hired, efficiency improves dramatically, and it increases in the relative …

banking crisis, the post-crisis period should be the time for recovering efficiency. Moreover, traditional banking theory …

efficiency and local uniqueness of the competitive equilibrium hold. On the contrary, for lower values of the share of first …