Showing 1 - 10 of 526
Under the assumption of perfect competition, it is difficult to avoid the conclusion that abandoned properties and long undeveloped neighborhoods remain that way because they are unprofitable. In contrast, this paper introduces a model in which firms systematically overlook neighborhoods with...
Persistent link: https://www.econbiz.de/10008693537
Ländern der Europäischen Union (Dänemark, Deutschland, Frankreich, Finnland, Irland, Italien, Niederlande, Spanien, Schweden … Schweiz liegt damit nach Finnland und Dänemark auf Platz 3. 2. Internet: Die Verbreitung des Internets ist in der Schweiz noch … Schweizer Betriebe ein hohes Ausstattungsniveau auf (Rang 2 nach Finnland). 3. Intranet: Mit einer Verbreitung des Intranets in …
Persistent link: https://www.econbiz.de/10005836306
The article examines the firm's choice of incentives when workers face additional incentives (“external incentives”) to those provided by the firm, such as building reputation that improves the workers' prospects with other employers, or satisfaction from working well. Surprisingly, the firm...
Persistent link: https://www.econbiz.de/10005837009
This paper investigates the impact of foreign firms on exports of domestic exporting firms. We show that domestic firms respond to an increase in the presence of foreign firms by increasing their exports, despite the increase in foreign presence can drive up the production cost and make domestic...
Persistent link: https://www.econbiz.de/10008527381
Over much of the last two decades, the economy of Malawi has been characterized by economic turbulence and uncertainty that has done serious damage to the private sector. Rapid liberalization exposed an unprepared private sector to potentially damaging forces. This paper draws upon the most...
Persistent link: https://www.econbiz.de/10005621746
The paper verifies the existence of relations between development of small and medium-sized enterprises (SMEs) and the particular factors of regional environment as well as demographic parameters of entrepreneurs and their enterprises. SMEs localized in Southern Poland in accordance with NUTS -1...
Persistent link: https://www.econbiz.de/10009149384
As firms grow older, their profitability seems to decline. We first document this phenomenon and show that it is very robust. Then we offer two non-exclusive explanations of why firms may age. First, corporate aging could reflect a cementation of organizational rigidities over time. Consistent...
Persistent link: https://www.econbiz.de/10008695091
This paper estimates the effects of Say-on-Pay (SoP); a policy that increases shareholder "voice" by providing shareholders with a regular vote on executive pay. We apply a regression discontinuity design to the votes on shareholder-sponsored SoP proposals. Adopting SoP leads to large increases...
Persistent link: https://www.econbiz.de/10011111093
distinguishing economic growth and economic activity. Firm formation and thus entrepreneurship is one of the major tools to … entrepreneurship. Originating from this core debate the study aims to discuss the post 1980 liberalization in Turkey with special …
Persistent link: https://www.econbiz.de/10008927067
This paper examines the impact of macro fluctuation on firm’s balance sheet to understand firm’s net worth as well as the corporate distress probability. We argue that debt policies could be pro-cyclical, since it enhances corporate distress risk when currency depreciation comes.
Persistent link: https://www.econbiz.de/10005835641