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State ownership and control in the Czech Republic
Kočenda, Evžen; Hanousek, Jan - 2009
We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade (1995-2005) in the Czech Republic. During this period the integrated control potential of the state resembled a corporate pyramid. While pyramidal control was not fully...
Persistent link: https://www.econbiz.de/10003887481
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Political connections, state ownership and productivity in China
Harris, Richard I. D.; Hashimzade, Nigar; Ding, Sai - 2016
Subordination of business to political influence has remains pervasive in China. We construct a Schumpeterian-type model of growth with managerial time allocation between productive activities and building up political connections. The model predicts the impact of different patterns of state...
Persistent link: https://www.econbiz.de/10011571621
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The economics of politics : patronage and political selection in Italy
Quaresima, Federico; Fiorillo, Fabio - 2016
This article investigates the patronage phenomenon in the italian, so called, Second Republic. In particular, the analysis argues that (ex) members of parliament are appointed to managerial boards in italian (partially) state-owned enterprises responding to political selection rationales....
Persistent link: https://www.econbiz.de/10011571525
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Experience, innovation and productivity : empirical evidence from Italy's slowdown
Daveri, Francesco; Parisi, Maria Laura - 2010
of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …
Persistent link: https://www.econbiz.de/10003985881
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Market competition or family ties : which prevails on Italian CEOs pay?
Graziano, Clara; Rondi, Laura - 2015 - This draft: June 8, 2015
market competition eventually prevails over family ties even in a family-controlled governance system such as in Italy. …
Persistent link: https://www.econbiz.de/10011280832
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Corruption beyond the glass ceiling : do women entrepreneurs perceive corruption differently?
Goel, Rajeev K.; Nelson, Michael A. - 2019
by studying whether female managers and female owners of firms perceived corruption differently; (b) using survey … information at the firm level; and (c) employing a large sample of more than 100 countries. Results show that both female managers …
Persistent link: https://www.econbiz.de/10011996997
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Employee spinouts, social networks, and family firms
Rauch, James E. - 2013
"spinouts": managers of input divisions can start their own firms, making customized inputs formerly provided internally subject … lead to inefficiently low entry. Vertically integrated firms can fight back by hiring managers for their input divisions … spin out. This is shown to predict the association of co-ethnic networks with high rates of entrepreneurship and the …
Persistent link: https://www.econbiz.de/10010223389
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Acting autonomously or mimicking the state and peers? : a panel tobit analysis of financial dependence and aid allocation by Swiss NGOs
Dreher, Axel; Nunnenkamp, Peter; Öhler, Hannes; … - 2009
NGO aid is still widely believed to be superior to official aid (ODA). However, the incentives of NGOs to excel and target aid to the poor and deserving are increasingly disputed. We contribute to the emerging literature on the allocation of NGO aid by performing panel Tobit estimations for...
Persistent link: https://www.econbiz.de/10003832118
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Towards a macroprudential surveillance and remedial policy formulation system for monitoring financial crisis
Bhattacharyay, Biswanath - 2009
Several developing economies witnessed a large number of systemic financial and currency crises since the 1980s which resulted in severe economic, social, and political problems. The devastating impact of the 1982 and 1994-95 Mexican crises, the 1997-98 Asian financial crisis, the 1998 Russian...
Persistent link: https://www.econbiz.de/10003887495
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Early warning system for economic and financial risks in Kazakhstan
Bhattacharyay, Biswanath; Dlugosch, Dennis; Kolb, Benedikt - 2009
This paper proposes a macro-prudential financial soundness analysis that can be used by most developing and transformation countries with or without crisis experience as well as by developed countries with limited data. The objective is to detect economic and financial sector vulnerability,...
Persistent link: https://www.econbiz.de/10003897420