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Persistent link: https://www.econbiz.de/10013480812
China's admission into the WTO in 2001 heralded a new era of globalization, increasing both import competition in … during the post globalization period (2003-2019) increased by 11.5% of the corresponding pre-globalization period (1984 … contrast, following globalization, the average aggregate domestic profitability of US firms remained flat, and firms employed …
Persistent link: https://www.econbiz.de/10014512056
From 1988 to 2003, the average change in managerial ownership is significantly negative every year for American firms. The probability of large decreases in ownership is strongly increasing in contemporaneous and past stock returns but the probability of large increases in ownership through...
Persistent link: https://www.econbiz.de/10012465451
We investigate the effect of hiring skilled immigrant employees on the performance of organizations. This relationship has been difficult to establish in prior work due to theoretical ambiguity, limited data, and inherent endogeneity. We overcome these difficulties by studying European football...
Persistent link: https://www.econbiz.de/10012696355
We investigate the welfare effects of vertical integration of regional sports networks (RSNs) with programming distributors in U.S. multichannel television markets. Vertical integration can enhance efficiency by reducing double marginalization and increasing carriage of channels, but can also...
Persistent link: https://www.econbiz.de/10012456839
Economists are skeptical about the economic benefits of hosting "mega-events" such as the Olympic Games or the World Cup, since such activities have considerable cost and seem to yield few tangible benefits. These doubts are rarely shared by policy-makers and the population, who are typically...
Persistent link: https://www.econbiz.de/10012463794
How does increasing globalization affect corporate transparency? Freer trade represents different facets and in theory … sector-country-year level, and a second measure of globalization-induced product market competition based on a country's own … engendered by globalization promotes corporate transparency, especially in industries that depend heavily on external financing …
Persistent link: https://www.econbiz.de/10012461026
the human resource management environment and establishment performance to the service sector, specifically the branch … operations of a large bank. Case studies of several branches were used to understand how and why the human resource management …-specific characteristics, the human resource management environment at the branch, as measured by the performance evaluation and feedback …
Persistent link: https://www.econbiz.de/10012471309
We use the COVID shock to study the direct and interactive effects of several forms of corporate flexibility on short- and long-term real business plans. We find that i) workplace flexibility, namely the ability for employees to work remotely, plays a central role in determining firms'...
Persistent link: https://www.econbiz.de/10012938715
We study human capital reallocation following firm-specific idiosyncratic shocks. Theory offers diverging predictions as to whether human capital gets reallocated to its most productive use following these shocks. To empirically test these predictions, we focus on relegation battles in the...
Persistent link: https://www.econbiz.de/10012938751