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Banks and Innovation: Microeconometric Evidence on Italian Firms

Benfratello, Luigi; Schiantarelli, Fabio; Sembenelli, … - Institute for the Study of Labor (IZA) - 2006

set on innovation for a large number of Italian firms over the 1990’s. There is evidence that banking development affects … the probability of process innovation, particularly for small firms and for firms in high(er) tech sectors and in sectors … more dependent upon external finance. The evidence for product innovation is weaker. There is also some evidence that …

Persistent link: https://www.econbiz.de/10005822124

A Theory of Employment Guarantees: Contestability, Credibility and Distributional Concerns

Basu, Arnab; Chau, Nancy H.; Kanbur, Ravi - Institute for the Study of Labor (IZA) - 2007

ranging from a contestable labor market to a simple universal unemployment benefit. The credibility of any such target …

Persistent link: https://www.econbiz.de/10005761942

Wage Determination and the Sources of Bargaining Power

Manzini, Paola; Snower, Dennis - Institute for the Study of Labor (IZA) - 2002

This paper explores the sources of bargaining power in wage negotiations. In the standard analyses of wage bargaining, the negotiation partners are specified a priori, and thus it is impossible to address the question of how they achieve and retain their negotiating positions, on which their...

Persistent link: https://www.econbiz.de/10005566410

Are Employees Better Off in Socially Responsible Firms?

Tamm, Katrin; Eamets, Raul; Mõtsmees, Pille - Institute for the Study of Labor (IZA) - 2010

The growing awareness of the issue of corporate social responsibility (CSR) has raised the questions about how responsible behavior of firms would impact employees’ well-being. This paper investigates the link between corporate social responsibility and job satisfaction, which is a more widely...

Persistent link: https://www.econbiz.de/10008805613

Social Incentives Matter: Evidence from an Online Real Effort Experiment

Tonin, Mirco; Vlassopoulos, Michael - Institute for the Study of Labor (IZA) - 2012

Contributing to a social cause can be an important driver for workers in the public and non-profit sector as well as in firms that engage in Corporate Social Responsibility activities. This paper compares the effectiveness of social incentives to financial incentives using an online real effort...

Persistent link: https://www.econbiz.de/10010959558

Individual and Corporate Social Responsibility

Benabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2009

Society's demands for individual and corporate social responsibility as an alternative response to market and distributive failures are becoming increasingly prominent. We first draw on recent developments in the "psychology and economics" of prosocial behavior to shed light on this trend, which...

Persistent link: https://www.econbiz.de/10008469709

Determinants of Managerial Values on Corporate Social Responsibility: Evidence from China

Zu, Liangrong; Song, Lina - Institute for the Study of Labor (IZA) - 2008

This paper empirically investigates how Chinese executives and managers perceive and interpret corporate social responsibility (CSR), to what extent firms’ productive characteristics influence managers’ attitudes towards their CSR rating, and whether their values in favour of CSR are...

Persistent link: https://www.econbiz.de/10005566698

Rhineland Exit?

Bovenberg, Lans; Teulings, Coen - Institute for the Study of Labor (IZA) - 2008

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

Retained State Shareholding in Chinese PLCs: Does Government Ownership Reduce Corporate Value?

Tian, Lihui; Estrin, Saul - Institute for the Study of Labor (IZA) - 2005

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

Executive Compensation, Firm Performance, and Chaebols in Korea: Evidence from New Panel Data

Kato, Takao; Kim, Woochan; Lee, Ju Ho - Institute for the Study of Labor (IZA) - 2005

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

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