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theoretical arguments and empirical evidence about relationship between privatization and performance shows that the well …-accepted hypothesis of performance increase after privatization is still much debated. We develop a stakeholder approach of corporate …
Persistent link: https://www.econbiz.de/10005111292
of the corporate governance theory suggests a renewal of the analysis of privatization which is still much debated … of Air France, partially privatized in 1999. The case shows the organizational impacts of privatization, both on the …
Persistent link: https://www.econbiz.de/10005604447
constraints faced, propensity to innovate, and R&D intensity are not uniform across firm characteristics. A new “control function …
Persistent link: https://www.econbiz.de/10010743448
We try to provide an historical approach of the construction process of a corporate governance framework. We expose simultaneously the remarkable stability of themes and the permanence of underlying problems. As a result, the corporate governance framework is still under discussion, and its...
Persistent link: https://www.econbiz.de/10005604444
. A reading of the process of privatization through the corporate governance theory resulted in working out a model making … it possible to take into account, on the one hand, the time dimension of the process of privatization, on the other hand … traditionally to privatizations is not truly confirmed for French privatizations, at least on the horizon considered. Privatization …
Persistent link: https://www.econbiz.de/10005466888
educated labour force, provision of administrative and judicial services, the control of corruption and crime, and the …
Persistent link: https://www.econbiz.de/10010877887
Using a time-varying parameter vector autoregression (TVP-VAR) with a new sign restriction framework, we study the changing effectiveness of the Bank of Japan’s Quantitative Easing policies over time. We analyse the Zero-Interest Rate Policy from 1999 to 2000, the Quantitative Easing Policy...
Persistent link: https://www.econbiz.de/10010812488
This paper investigates the relationship between real exchange rate changes and the German, French and UK automobile and mechanical engineering sector. In stylized models, exports decline whenever the domestic currency appreciates and vice versa. Strategic firm behavior, however, can obscure the...
Persistent link: https://www.econbiz.de/10010660136
The Pennsylvania Liquor Control Board administers the purchase and sale of wine and spirits and is mandated to charge a …
Persistent link: https://www.econbiz.de/10010752157
Cet article pose deux questions, l'une relative à la problématique fondamentale du lien entre propriété et performance dans le cas emblématique de la privatisation, l'autre relative à la portée explicative de la théorie de la gouvernance. En reconsidérant le débat traditionnel fondé...
Persistent link: https://www.econbiz.de/10005111286