Similar Search Results

Interfirm Relationships and Business Performance

Cai, Jing - 2016

We organized business associations for the owner-managers of randomly selected young Chinese firms to study the effect of business networks on firm performance. We randomized 2,800 firms into small groups whose managers held monthly meetings for one year, and into a "no- meetings" control group....

Persistent link: https://www.econbiz.de/10012455729

Optimal Regulation with Exemptions

Kaplow, Louis - 2017

basic and ubiquitous features of regulation as actually implemented throughout the world has received little theoretical … because exemption induces additional harmful activity to be channeled their way. This article analyzes optimal regulation with … regulation, which illustrates the contrast with the mechanism design approach that analyzes the optimal use of instruments of a …

Persistent link: https://www.econbiz.de/10012453826

In with the Big, Out with the Small : Removing Small-Scale Reservations in India

Martin, Leslie A. - 2014

An ongoing debate in employment policy is whether promoting small and medium enterprises creates more employment. Do small enterprises generate more employment growth than larger firms? We use the elimination of small-scale industry (SSI) promotion in India to address this question. For 60...

Persistent link: https://www.econbiz.de/10012458175

Do Equity Financing Cycles Matter? Evidence from Biotechnology Alliances

Lerner, Josh - 2000

While the variability of public equity financing has been long recognized, its impact on firms has attracted little empirical scrutiny. This paper examines one setting where theory suggests that variations in financing conditions should matter, alliances between small R&D firms and major...

Persistent link: https://www.econbiz.de/10012471312

The Self-Enforcing Provisions of Oil and Gas Unit Operating Agreements : Theory and Evidence

Libecap, Gary D. - 1999

This paper extends the existing theory and empirical investigation of unitization contracts. It highlights the importance of incentive-compatibility and self-enforcement and the bargaining problems faced in achieving viable, long-term contracts. We argue that only if the parties to a unitization...

Persistent link: https://www.econbiz.de/10012471652

Syndicated Lending, Competition and Relative Performance Evaluation

Schneider, Thomas Ian; Strahan, Philip E.; Yang, Jun - National Bureau of Economic Research - 2022

Relative performance evaluation (RPE) intensifies competitive pressure by tying executive compensation to the profits of rivals. We show that these contracts make loan syndication harder by reducing banks' willingness to participate in loans underwritten by banks named in their RPE contracts....

Persistent link: https://www.econbiz.de/10013172158

Absenteeism, Productivity, and Relational Contracts Inside the Firm

Adhvaryu, Achyuta; Gauthier, Jean-Francois; Nyshadham, Anant - National Bureau of Economic Research - 2021

We study relational contracts among managers using unique data that tracks transfers of workers across teams in Indian ready-made garment factories. We focus on how relational contracts help managers cope with worker absenteeism shocks, which are frequent, often large, weakly correlated across...

Persistent link: https://www.econbiz.de/10012794609

Alternative Compensation Arrangements and Productive Efficiency in Partnerships : Evidence from Medical Group Practice

Gaynor, Martin - 1987

Although the role of the services sector in the economy has grown increasingly large, and partnerships are a prevalent form of organization in this sector, relatively little is known about the behavior and performance of these firms. In this paper an attempt is made to fill that gap by...

Persistent link: https://www.econbiz.de/10012476899

Bank Syndicates and Liquidity Provision

Santos, Joao A. C. - 2020

We provide evidence that credit lines offer liquidity insurance to borrowers. Borrowers are able to extensively use their credit lines in recessions and ahead of credit line cuts. In fact drawdowns and changes in drawdowns predict internal credit rating downgrades and credit line cuts,...

Persistent link: https://www.econbiz.de/10012481249

Agglomerative Forces and Cluster Shapes

Kerr, William R. - 2010

We model spatial clusters of similar firms. Our model highlights how agglomerative forces lead to localized, individual connections among firms, while interaction costs generate a defined distance over which attraction forces operate. Overlapping firm interactions yield agglomeration clusters...

Persistent link: https://www.econbiz.de/10012462019

1
2
3
4
5
6
7
8
9
10
Next
Last