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The purpose of the present paper is to contribute to the literature on country interlocks by illustrating and analysing the interlocking directorships in the Italian listed companies from 1998 to 2006. We find that over the entire period a high percentage of the Italian listed companies are...
Persistent link: https://www.econbiz.de/10005836560
Existing research on the relationship between market concentration and innovation has produced conflicting findings. In addition, the emerging literature on the relationship between corporate governance and innovation tends to focus only on partial effects of corporate governance on innovation....
Persistent link: https://www.econbiz.de/10011258419
The debate on competition and innovation has produced a wide range of theoretical and empirical findings. Recently, corporate governance quality has emerged as an additional factor that may complement or substitute for competition’s effect on innovation. We aim to contribute to the debate by...
Persistent link: https://www.econbiz.de/10011258940
Abstract The micro-economic behaviour of economic agents in the crisis-affected Asian economies, together with the private sector’s expanding role in developing countries in general have focused attention on issues of competition, corporate governance and finance. The paper explores the...
Persistent link: https://www.econbiz.de/10011260225
We use data from the US airline industry to investigate whether firms that are under bankruptcy protection, as well as these firms' product market rivals, change the quality of the products they offer. We measure the quality of the services offered by a carrier using flight cancellations and...
Persistent link: https://www.econbiz.de/10008642683
We investigate the effects of Chapter 11 bankruptcy filings on product market competition using data from the US airline industry. We find that bankrupt airlines permanently downsize their national route structure, their airport-specific networks, and their route-specific flight frequency and...
Persistent link: https://www.econbiz.de/10008642702
Abstract This paper reports on a large empirical study of corporate rates of return in emerging markets during the 1980's and 1990's. It focuses on the nature and intensity of competition and how it should be measured. The data on corporate rates of return, profit margins and output:capital...
Persistent link: https://www.econbiz.de/10011113910
This study aimed to a stock portfolio formed with composite of companies market (PER, PBV, ROE, EPS, PSR, and B/M, VaR) and accounting performance (ROE, and EPS) also their market capitalization in Indonesia Stock Exchange period 2003-2006. Some clarification need to achieved, such as: real...
Persistent link: https://www.econbiz.de/10009651390
This paper aims at accomplishing three objectives while drawing attention to the speed of adapting international management practices in emerging markets. Firstly, we summarize 67 extant review studies on entry-mode/internationalization, mergers and acquisitions (M&A) and diversification....
Persistent link: https://www.econbiz.de/10011262869
This paper examines from the developing countries perspective important analytical and policy issues arising from: a) the current international discussions about corporate governance in relation to the New International Financial Architecture; b) changes in the international competitive...
Persistent link: https://www.econbiz.de/10008560100