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Divide and privatize: Firm break-up and performance

Koécenda, Evézen; Hanousek, Jan - 2011

We analyze the long-term effects of firm break-up and ownership change on corporate performance. Our analysis is based on a unique data set for a large number of Czech firms spanning the period 1996-2005. We employ a propensity score matching procedure to deal with endogeneity problems. Our...

Persistent link: https://www.econbiz.de/10010274965

Corporate Social Responsibility along the Global Value Chain

Herkenhoff, Philipp; Krautheim, Sebastian; Semrau, Finn Ole - 2021

Firms are under increasing pressure to meet stakeholders' demand for Corporate Social Responsibility (CSR) along their …

Persistent link: https://www.econbiz.de/10013177532

Long-run selection and the work ethic

Josephson, Jens; Waerneryd, Karl - 2004

That individuals contribute in social dilemma interactions even when contributing is costly is a well-established observation in the experimental literature. Since a contributor is always strictly worse off than a non-contributor the question is raised if an intrinsic motivation to contribute...

Persistent link: https://www.econbiz.de/10010261072

International trade, factor mobility and the persistence of cultural-institutional diversity

Belloc, Marianna; Bowles, Samuel - 2009

Cultural and institutional differences among nations may result in differences in the ratios of marginal costs of goods in autarchy and thus be the basis of specialization and comparative advantage, as long as these differences are not eliminated by trade. We provide an evolutionary model of...

Persistent link: https://www.econbiz.de/10010271869

Partial norms

D'Adda, Giovanna; Dufwenberg, Martin; Passarelli, Francesco - 2019

We consider an expanded notion of social norms that renders them belief-dependent and partial, formulate a series of related testable predictions, and design an experiment based on a variant of the dictator game that tests for empirical relevance. Main results: Normative beliefs influence...

Persistent link: https://www.econbiz.de/10012018259

Distributed Ledgers and the Governance of Money

Auer, Raphael A.; Monnet, Cyril; Shin, Hyun Song - 2021

transactions. While it involves updating the ledger through a decentralized consensus on the unique truth, the robustness of the … equilibrium that supports this consensus depends on who has access to the ledger and how it can be updated. To find the optimal … decentralization, security (i.e. a robust consensus), and scale (the efficient volume of transactions). Using a global game analysis of …

Persistent link: https://www.econbiz.de/10012799741

Level r Consensus and Stable Social Choice

Mahajne, Muhammad; Nitzan, Shmuel; Volij, Oscar - 2014

We propose the concept of level r consensus as a useful property of a preference profile which considerably enhances … the stability of social choice. This concept involves a weakening of unanimity, the most extreme form of consensus. It is … shown that if a preference profile exhibits level r consensus around a given preference relation, the associated majority …

Persistent link: https://www.econbiz.de/10010398622

Competition and Innovation in Automobile Markets

Ghosal, Vivek; Ni, Jiayao - 2015

Using data from the U.S. automobile market, we empirically examine the link between competition and innovation. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the U.S. market’s economic importance, market dynamics, and the significant...

Persistent link: https://www.econbiz.de/10011388173

Market Contestability and Bribe Solicitations: Evidence Across Stages of Firms' Operations

Goel, Rajeev K.; Mazhar, Ummad; Saunoris, James W. - 2018

Adding to the literature on factors driving corruption and bribery, this paper examines the effect of contestability in business operations on bribe solicitations. Contestability undermines bureaucratic rent-seeking potential and this paper tries to capture this empirically using cross-country...

Persistent link: https://www.econbiz.de/10011872038

Crowdsourced Innovation: How Community Managers Affect Crowd Activities

Hornuf, Lars; Jeworrek, Sabrina - 2018

In this study, we investigate whether and to what extent community managers in online collaborative communities can stimulate crowd activities through their engagement. Using a novel data set of 22 large online idea crowdsourcing campaigns, we find that active engagement of community managers...

Persistent link: https://www.econbiz.de/10011887413

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