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profitability and fixed investment. The adverse effects of financing constraints are increasing in the level of product market … constraints tends to reduce the intra-industry mean-reversion of firm profitability. Again, this regularity is not priced: highly …
Persistent link: https://www.econbiz.de/10010707060
infrastructures. We also argue that ex ante regulation is distorting investment itself: incremental investment is privileged as … opposed to radical investment. In this context, we identify three possible options for regulation in the near future: 1 … answer this question, the paper focuses on the problem of investment and innovation in an ex ante regulated sector. Relying …
Persistent link: https://www.econbiz.de/10011166384
Franchising is a contract that is not always balanced. This is due to a relationship where one can find a party, usually the franchisor, dominating the contractual bond. The economic and legal relationships call for much more attention due to the massive investments involved. One will often...
Persistent link: https://www.econbiz.de/10010720308
income on the profitability and the stability of results, however, are debated. This doctoral study proposes a further … services and of customers’ financial services. Finally, expectations of performance (profitability, volatility) as well as …
Persistent link: https://www.econbiz.de/10010936383
the level of ICT adoption and profitability. In a third study, many Probit models (simple, ordered and multivariate) were … tested on different measures of performance. Firstly, we show that ICT have a positive impact on productivity, profitability …
Persistent link: https://www.econbiz.de/10011273992
Mutual funds industry has been sought by French politicians as mediation between the popular savings and company’s investments through the financial markets. Questioning the link between finance and industry requires analyzing the effectiveness of this mediation. This article intends firstly...
Persistent link: https://www.econbiz.de/10011199615
This paper addresses investment procedures as a mediating instrument (Miller & O’Leary, 2007). We bring to light how …; Phillips & Hardy, 2002; Phillips, Lawrence & Hardy, 2004). Using a content analysis of an investment procedure conducted in … institutionalisation of investment ideals (e.g. competitiveness, value creation) into normative roles. We show that the texts of investment …
Persistent link: https://www.econbiz.de/10010706892
In this paper, we provide a new empirical analysis of the dynamic portfolio decisions of households by simultaneously considering their stock market participation and home tenure choices. There is already a huge body of literature on housing status (own/rent) decisions and many contributions...
Persistent link: https://www.econbiz.de/10010706895
as possible linear pricing rules and can be used to determine the investment opportunities available in such an economy …
Persistent link: https://www.econbiz.de/10010706980
initiator mechanisms for capital investment but, rather, to study an alternative. We show that this conceptually simple …
Persistent link: https://www.econbiz.de/10010707552