Showing 1 - 10 of 102
. Overall, our analysis suggests that corporate governance in Ukraine operates with a certain degree of efficiency, despite the …
Persistent link: https://www.econbiz.de/10005103255
We analyze comprehensive manufacturing firm data to measure the contribution of inter-firm employment reallocation to aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard decomposition technique to better reflect the role of firm...
Persistent link: https://www.econbiz.de/10005822646
in the former Soviet Republics of Russia and Ukraine. Analyzing interfirm reallocation of output, labor, capital, and an … input index with annual industrial census data from 1985 to 2001, we find that Soviet Russia displayed low reallocation …
Persistent link: https://www.econbiz.de/10005762003
Soviet Republics of Russia and Ukraine. Exploiting annual manufacturing census data from 1985 to 2000, we find that Soviet … reforming Russia than in "gradualist" Ukraine, as did the estimated effects of privatization and competitive pressures from … Russia displayed job flow behavior quite different from market economies, with very low rates of job reallocation that bore …
Persistent link: https://www.econbiz.de/10005763506
but offsetting in Hungary and Romania, and from small effects of all types in Russia and Ukraine. The positive employment …
Persistent link: https://www.econbiz.de/10005233777
Russia than in Ukraine. The intriguing question is why returns to schooling in Russia and Ukraine diverged so much over the …This study provides the first set of estimates of the returns to schooling over an extended period in Russia and … Ukraine (1985-2002). There has been an increase in returns to schooling in both countries but the increase is much bigger in …
Persistent link: https://www.econbiz.de/10005703252
We argue in favour of the shareholder model of the firm for three main reasons. First, serving multiple stakeholders leads to ill-defined property rights. What sounds like a fair compromise between stakeholders can easily evolve in a permanent struggle between the stakeholders about the ultimate...
Persistent link: https://www.econbiz.de/10005822066
The role of government shareholding in corporate performance is central to an understanding of China’s newly privatized large firms. In this paper, we analyze shareholders as agents that can both harm and benefit companies. We examine the ownership structure of 826 listed corporations and find...
Persistent link: https://www.econbiz.de/10005822452
This paper provides the first rigorous econometric estimates on the pay-performance relations for executives of Korean firms with and without Chaebol affiliation. To do so, we have assembled for the first time panel data (that provide information not only on executive compensation and firm...
Persistent link: https://www.econbiz.de/10005822774
: profitability and labor productivity increase, while overheads and investment fall. In contrast, we find limited effects on pay …
Persistent link: https://www.econbiz.de/10010959767