Showing 1 - 10 of 13
The dominance of foreign capital in banking sector in the CEE countries created vulnerabilities that have been a … crisis 2007-2009 in selected CEE countries: Czech Republic, Hungary and Poland. Those three economies managed to maintain … particular in banks, and regulators. The research confirms that banks in CEE continue being role models for non …
Persistent link: https://www.econbiz.de/10011259720
financial reporting on a sample of CEE countries. Thus, the specific objectives of the paper are: 1) to provide an operational … variable is a dummy aiming to capture the specificity of IFRSs’ endorsement for unlisted entities in CEE countries and the …
Persistent link: https://www.econbiz.de/10008756491
The concept of privatization has been deepened due to the liberalization progress in the world economy since the beginning of 1980's. In order to slip out of the great depression period in 1929, the share of government activity in economy and government intervention has been increased and this...
Persistent link: https://www.econbiz.de/10011267845
Many scholars have interpreted the Russian government’s attack on the private oil companies, as in the most famous Yukos Crisis, as a legitimate battle against corruption. However, in the transition economies, the state can abuse its power by acting like a monopoly and not letting any...
Persistent link: https://www.econbiz.de/10008695065
This paper studies the effects of privatization and non-ownership-change reforms on firms’ productivity in China. As one of the most prominent empirical challenges in China privatization studies, endogeneity problems are addressed with a first-difference instrumental variable GMM estimation....
Persistent link: https://www.econbiz.de/10008534535
Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can be investigated by observing the role of the underground economy in shaping the productivity of firms. Indeed, unemployment may be absorbed by underground firms, which adopt...
Persistent link: https://www.econbiz.de/10011212957
. Moreover, to a certain degree virtues are learnt through the practice of <p> entrepreneurship. Due to their importance, though …
Persistent link: https://www.econbiz.de/10011262763
Daniel Klein (Klein 1997, Klein and Orsborn 2009 and Klein and Briggeman forthcoming) and Israel Kirzner (forthcoming) have been engaged in a debate concerning how economists should understand and use the terms “coordination” and “economic goodness”. Klein and Briggeman (forthcoming)...
Persistent link: https://www.econbiz.de/10009322636
The returns to entrepreneurship are monetary and non-monetary. We offer new evidence on these returns using a large …
Persistent link: https://www.econbiz.de/10008924822
Entrepreneurship is an important intangible asset of nations. The relatively recent progress in its measurement, mainly … with the Global Entrepreneurship Development Index (GEDI), suggests that previous questions related to its determinants and … effect of corruption reduction on GEDI and thus the positive relationship between an intangible good that is entrepreneurship …
Persistent link: https://www.econbiz.de/10011183135