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describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm …We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … performance in a panel framework. The results of OLS, LAD, and fixed-effects estimations consistently show a positive, highly …
Persistent link: https://www.econbiz.de/10005566810
-post bargaining. Optimal ownership structures are characterized and a new role for option contracts is identified. …
Persistent link: https://www.econbiz.de/10005762029
privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …
Persistent link: https://www.econbiz.de/10005703404
Subsidized research joint ventures (RJVs) between public research institutions and industry have become increasingly popular in Europe and the US. We study the long-run effects of such a support scheme that has been maintained by the Danish government since 1995. To cope with identification...
Persistent link: https://www.econbiz.de/10009323400
We study the effect of recognition on performance with a field experiment involving first-year undergraduate students … that conformance to performance norm is the most likely behavioral mechanism behind our findings. …
Persistent link: https://www.econbiz.de/10010884116
performance and post-dissolution private and financial outcomes with a selected set of comparable firms and couples. We find …
Persistent link: https://www.econbiz.de/10010959552
teams and run for an hour. This allows us not only to study the individual relationship between age and performance but also … performance goes down with age, although the speed-age gradient is rather flat. Group performance goes down with age as well, but … interestingly a counterbalancing force emerges, namely team dynamics that are driven by performance of runners who enter and leave. …
Persistent link: https://www.econbiz.de/10009652532
The career prospects of newly recruited employees differ substantially within an organization. The stars experience a considerable growth in earnings; others can hardly maintain their entry salaries. This article sheds light on the mechanisms generating the observed heterogeneity in earnings...
Persistent link: https://www.econbiz.de/10008457150
This paper examines the relationship between pay inequality, economic growth, and performance in Korea. Pay inequality … relationship with economic growth and performance. For the empirical results we use panel data on the Korean manufacturing sector …
Persistent link: https://www.econbiz.de/10005761692
competitiveness of the environment and there is no significant difference in performance in the real-effort task across the …
Persistent link: https://www.econbiz.de/10005762257