Showing 1 - 10 of 14
This paper presents an equilibrium model in a pure exchange economy when investors have three possible sources of heterogeneity. Investors may dier in their beliefs, in their level of risk aversion and in their time preference rate. We study the impact of investors heterogeneity on the...
Persistent link: https://www.econbiz.de/10009360288
We use the theory of rationalizable choices to study the survival and the extinction of types (or traits) in … the most …fit types survive) and interactivity (i.e. a withdrawal of types a effects the survival of other types). Those …
Persistent link: https://www.econbiz.de/10010738933
Context: The significant survival benefit of chemotherapy over best supportive care for locally advanced and metastatic … empirically examines, in real-life practise and using multiple proxies, the impact of health care expenditures on overall survival … resources used, the costs of treatment and survival data were retrospectively collected from the records of 175 patients treated …
Persistent link: https://www.econbiz.de/10008789182
adds value to innovative French companies in terms of increasing their survival time. To this end, we use a hand … compare the survival rates of venture capital backed and non-venture capital backed companies. We develop two sets of … backed companies have a lower survival rate than non-venture capital backed companies and have a higher probability of being …
Persistent link: https://www.econbiz.de/10010559869
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 …
Persistent link: https://www.econbiz.de/10010899490
Economic literature has introduced large theories on critical role of micro and small firms (MSEs) in the economic development. Particularly in developing countries, the development of the sectore has become a channel of poverty reduction by providing job opportunities and creating welfares....
Persistent link: https://www.econbiz.de/10010738588
Socially responsible firms are expected by European regulators to create shared value for their shareholders, their stakeholders and society. Yet how to generate profits while providing public good is still academically debated. This paper argues that corporate social responsibility encompasses...
Persistent link: https://www.econbiz.de/10009650052
This paper highlights elements like competitors, clients, personal contacts, and institutions that compose networks for different types of firms, and attempts to show how these elements combine to create networks. The objective of the paper is to see how different dedicated network...
Persistent link: https://www.econbiz.de/10008788902
It has been shown that corruption has a negative effect on firm productivity, but what about its impact on product innovation ? We find that corruption, functioning as a bribe tax, diminishes the probability of new product introduction. We use a World Bank Enterprise Survey from India in 2005,...
Persistent link: https://www.econbiz.de/10010605332
This paper aims to revisit the link between corporate governance, value, and firm performance by focusing on convergence, understood as the way that non-US firms are adopting US best practice in terms of corporate governance, and the implications of this adoption. We examine theoretical...
Persistent link: https://www.econbiz.de/10010607938