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French law mandates that employees of large publicly listed companies be allowed to elect two types of directors to represent employees. First, partially privatized companies must reserve two or three (depending on board size) board seats for directors elected by employees by right of...
Persistent link: https://www.econbiz.de/10008551689
This paper explores the relationship between innovation and vocational training. We consider a linear feedback model to explain the dynamics of count data processes relative to patenting activities, R&D and training expenditures. Estimations are made on a panel data set relative to French...
Persistent link: https://www.econbiz.de/10009291777
This article investigates the effects of human capital and technological capital on innovation. While the role of technological capital as measured by research and development (R&D) expenditure has been intensively investigated, few studies have been made on the effect of employee training on...
Persistent link: https://www.econbiz.de/10009291779
Notre étude a pour objectif de mesurer les effets spatiaux des externalités de connaissances sur la production de brevets des firmes, au niveau des villes. Nous utilisons une méthode originale basée sur le maximum d'entropie généralisé. Cette méthode permet de tester l'auto-correlation...
Persistent link: https://www.econbiz.de/10008691760
Human capital is considered as one of the main inputs in economic growth. Human capital can generate endogenous growth thanks to a continuous process of knowledge and externalities accumulation (Aghion and Howitt, 1998). In that context, this paper explores the relationship between innovation...
Persistent link: https://www.econbiz.de/10008799994
Persistent link: https://www.econbiz.de/10008529701
Financial crisis are often associated with an endogenous credit reversal fol- lowed by a fall in asset prices and failures of financial institutions. To account for this sequence of events, this paper constructs a model where the excess risk-taking of portfolio investors leads to a bubble in...
Persistent link: https://www.econbiz.de/10008572200
We investigate the link between the regulation of control transactions and the institutional and corporate features of public companies, by analyzing the massive delisting activity in the Romanian capital market. The peculiar ownership reforms involving a large number of listed companies offer a...
Persistent link: https://www.econbiz.de/10009370228
La COB a publié la recommandation n°98-05 relative à la diffusion sur internet d’informations financières par les sociétés cotées. Cet article rappelle les orientations adoptées par la COB dans sa recommandation et procède à son évaluation eu égard aux interrogations émanant...
Persistent link: https://www.econbiz.de/10008532343
Les privatisations sont un phénomène maintenant ancien mais dont la nature a fortement évolué ces dix dernières années. Parallèlement à ce mouvement observé depuis la fin des années quatre-vingt-dix, les recherches se focalisent sur les privatisations des pays émergents et (ou)...
Persistent link: https://www.econbiz.de/10009002743