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Financial Efficiency and the Ownership of Czech Firms

Kocenda, Evzen; Hanousek, Jan; Masika, Michal - William Davidson Institute, University of Michigan - 2011

than 400,000 Czech firm/years we study whether firms fully utilize their resources, how firm financial efficiency evolves …

Persistent link: https://www.econbiz.de/10010545914

Ownership and Employment in Russian Industry: 1992-1995

Linz, Susan - William Davidson Institute, University of Michigan - 1998

Using data collected from a panel of 6,205 civilian manufacturing firms located in the Central, Volga, North Caucasus … and employment patterns Russia inherited, the results from the panel data regressions indicate that manufacturing firms in … structure tends not to be a major influence on employment change for these Russian firms. Section five offers concluding remarks. …

Persistent link: https://www.econbiz.de/10005652629

Regional Motives for Post-Entry Subsidiary Development: The Case of Poland

Chidlow, Agnieszka; Holmstrom-Lind, Christine; Holm, Ulf; … - William Davidson Institute, University of Michigan - 2012

The issue of location-specific factors of a multinational company’s activities has long been investigated by international business scholars. To our knowledge, however, all these studies have put attention on the pre-entry location decision of foreign subsidiaries, rather than the post-entry...

Persistent link: https://www.econbiz.de/10010575337

Optimal Resource Rent

Jamilov, Rustam - William Davidson Institute, University of Michigan - 2013

This paper develops the first systematic attempt to model and empirically estimate the concept of optimal resource renting. Optimal rent is found to be positively affected by increases in the recession buffer and resource endowment, and negatively affected by the opportunity cost of hoarding....

Persistent link: https://www.econbiz.de/10011161365

Earnings Inequality in India: Has the Rise of Caste and Religion Based Politics in India had an Impact?

Bhaumik, Sumon Kumar; Chakrabarty, Manisha - William Davidson Institute, University of Michigan - 2006

Since 1989, there has been a sharp increase in the role of caste and religion in determining political fortunes at both state and federal levels in India. As a consequence, significant intercaste and inter-religion differences in earnings have the potential to stall the process of economic...

Persistent link: https://www.econbiz.de/10005652588

Policy, Economic Federalism & Product Market Entry: The Indian Experience

Bhaumik, Sumon; Gangopadhyay, Shubhasish; Krishnan, Shagun - William Davidson Institute, University of Michigan - 2006

on the ease with which potential competitors to the incumbent firms can enter the product market. There is a growing … consensus that in emerging markets regulatory and institutional factors may have a greater influence on a firm’s ability to … enter a product market than strategic positions adopted by the incumbent firms. We examine this proposition in the context …

Persistent link: https://www.econbiz.de/10005652599

Diverging Paths: Transition in the Presence of the Informal Sector

Bouev, Maxim - William Davidson Institute, University of Michigan - 2004

This work suggests a development of the seminal model of transition from plan to market economy by Aghion and Blanchard (1994). We introduce an informal sector to show that its presence can generate qualitatively di?erent steady states, to which the economy converges in the end of transition....

Persistent link: https://www.econbiz.de/10005652650

Corruption and Anticorruption in the Czech Republic

Lizal, Lubomir; Kocenda, Evzen - William Davidson Institute, University of Michigan - 2000

It is widely acknowledged that corruption has negative impact on economy and society. Transition process in the Central and Eastern Europe (CEE) uncovered dormant possibilities for corruption that consequently required appropriate steps to be taken against. We attempted to document the state of...

Persistent link: https://www.econbiz.de/10005652657

The Determinants of Asset Stripping: Theory and Evidence From the Transition Economies

Campos, Nauro F.; Giovannoni, Francesco - William Davidson Institute, University of Michigan - 2005

econometric evidence. We argue that asset stripping is driven by the interplay between the firm’s potential profitability and its … ability to influence law enforcement. Our econometric results, for about 950 firms in five transition economies, provide …

Persistent link: https://www.econbiz.de/10005677394

Institutions and Entrepreneurship Development in Russia: A Comparative Perspective

Estrin, Saul; Aidis, Ruta; Mickiewicz, Tomasz - William Davidson Institute, University of Michigan - 2007

In this paper we use a comparative perspective to explore the ways in which institutions and networks have influenced entrepreneurial development in Russia. We utilize Global Entrepreneurship Monitor (GEM) data collected in 2001 and 2002 to investigate the effects of the weak institutional...

Persistent link: https://www.econbiz.de/10005677437