Showing 1 - 10 of 51
Using a sample of 212 IPOs, this paper analyzes the impact of venture capital involvement on the survival time of French IPOs. We find that the ability of venture capitalists to improve the survival of companies is related to the duration of their investment. We show that venture capitalists do...
Persistent link: https://www.econbiz.de/10010899490
The evolutions of the bankruptcy law seek to reach many aims: economic safety, firms' creation and expansion in a …, and prolongation of the activity of viable firms. This contribution examines the French insolvency law and its … ability to protect creditors' interest of the bankruptcy law. We show that far from being only one means of selection thanks …
Persistent link: https://www.econbiz.de/10008789513
Les introductions en Bourse au cours de la période 1999-2001 avaient vu une importante remise en cause de la comptabilité en tant qu'outil de valorisation des entreprises. Cette étude tente d'apprécier le rôle des grandeurs comptables dans la valorisation des sociétés introduites en...
Persistent link: https://www.econbiz.de/10008791526
L'outil comptable traditionnellement utilisé dans l'évaluation des sociétés a été très sévèrement critiqué pour son incapacité apparente à évaluer les sociétés, dites de la "nouvelle économie". Cette étude tente d'apprécier de quelle manière les grandeurs comptables sont...
Persistent link: https://www.econbiz.de/10009019489
matching technology and the prevailing surplus sharing rule. The model can be solved for the equilibrium submission fee, desk …
Persistent link: https://www.econbiz.de/10010930229
This paper experimentally investigates if and how people's competitiveness depends on their own gender and on the gender of people with whom they interact. Participants are given information about the gender of the co-participant they are matched with, they then choose between a tournament or a...
Persistent link: https://www.econbiz.de/10010739726
characteristics that the analyst does not observe. The social optimum must therefore trade off matching on incomes and matching on … set of feasible matchings and of the socially optimal matching. Then we show how data on the covariation of the types of …
Persistent link: https://www.econbiz.de/10008793769
of informational friction. The key modelling device is a paper-tojournal matching function, similar to the matching …
Persistent link: https://www.econbiz.de/10008833307
for evidence of assortative matching along multiple dimensions. To this e¤ect we develop an original methodology based on … dyadic regressions. We ...nd robust evidence of assortative matching by physical and ethnic proximity as well as by wealth …
Persistent link: https://www.econbiz.de/10008836796
This paper proposes a new explanation of the job quality issue in search and matching models, which is not based on … matching and intrafirm bargaining model in which large firms hire workers on a frictional labour market and decide to destroy …
Persistent link: https://www.econbiz.de/10008839536