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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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The unfinished business of state-owned enterprise reform in the People's Republic of China
Holz, Carsten A. - 2019
This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform waves that followed the deterioration of SOE profitability...
Persistent link: https://www.econbiz.de/10012026451
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Mavericks, universal, and common owners : the largest shareholders of U.S. public firms
Amel-Zadeh, Amir; Kasperk, Fiona; Schmalz, Martin C. - 2022
. Consolidation in the asset management industry increases universal ownership and common ownership of industry rivals. Extant results …
Persistent link: https://www.econbiz.de/10013365123
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The bright side of the GDPR : welfare-improving privacy management
Choe, Chongwoo; Matsushima, Noriaki; Shekhar, Shiva - 2023
We study the GDPR's opt-in requirement in a model with a firm that provides a digital service and consumers who are heterogeneous in their valuations of the firm's service as well as the privacy costs incurred when sharing personal data with the firm. We show that the GDPR boosts demand for the...
Persistent link: https://www.econbiz.de/10014334058
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Import competition, heterogeneous preferences of managers, and productivity
Chen, Cheng; Steinwender, Claudia - 2019
unproductive. Productivity improvements are driven by family management as opposed to family ownership or non-managing family … may then force managers to improve the productivity of the firm in order to ensure survival. While this hypothesis has … competition shocks. We find that import competition leads to productivity increases in family-managed firms that are initially …
Persistent link: https://www.econbiz.de/10012156535
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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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Political connections, state ownership and productivity in China
Harris, Richard I. D.; Hashimzade, Nigar; Ding, Sai - 2016
model predicts the impact of different patterns of state ownership and/or political connectedness on firm productivity …, and total factor productivity (TFP) using firm-level data for China between 1998 and 2007. We find, consistent with the …
Persistent link: https://www.econbiz.de/10011571621
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Employee spinouts, social networks, and family firms
Rauch, James E. - 2013
, higher productivity plants, account for the bulk of sales, and also sell externally most of the inputs they produce. In a …
Persistent link: https://www.econbiz.de/10010223389
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Entrepreneurship and market size : the case of young college graduates in Italy
Di Addario, Sabrina; Vuri, Daniela - 2010
We analyse empirically the effects of urbanization on Italian college graduates’ work possibilities as entrepreneurs … populated markets, young entrepreneurs are able to reap-off the benefits of urbanization externalities: the elasticity of … entrepreneurs’ net monthly earnings with respect to population density is 0.02-0.03. …
Persistent link: https://www.econbiz.de/10003967546
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Corporate governance reforms, interlocking directorship networks and company value in Italy (1998-2007)
Drago, Carlo; Millo, Francesco; Ricciuti, Roberto; … - 2011
In this paper we contribute to the literature on the structure of interlocking directorship networks and to the literature on the relationship between corporate governance and performance. We use a unique dataset made of corporate governance variables related to the board size and interlocking...
Persistent link: https://www.econbiz.de/10009009693