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Taxes, incorporation, and productivity
Barro, Robert J.; Wheaton, Brian - 2019
U.S. businesses can choose to be C-corporations or pass-through entities in the forms of S-corporations, partnerships (notably LLCs), and sole proprietorships. C-corporate status conveys benefits from perpetual legal identity, limited liability, potential for public trading of shares, and...
Persistent link: https://www.econbiz.de/10011966861
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Incorporation and productivity
Barro, Robert J.; Wheaton, Brian - 2019
Persistent link: https://www.econbiz.de/10012120380
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Great moderation at the firm level? : unconditional vs. conditional Output volatility
Buch, Claudia M. (contributor); Döpke, Jörg (contributor);  … - 2008
Moderationʺ can be found in firm level data as well remains disputed. We study the evolution of firm level output volatility using … idiosyncratic component of firms’ real sales growth from macroeconomic developments. Our paper has three main findings. First, time … trends in unconditional firm level and aggregated output volatility in Germany are similar. There has been a long …
Persistent link: https://www.econbiz.de/10003720335
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Ownership concentration and share valuation : evidence from Germany
Edwards, Jeremy S. S.; Weichenrieder, Alfons J. - 1999
Concentrated ownership of large listed companies is widespread throughout the world, and Germany is typical in this respect. This paper proposes a method of distinguishing empirically between the beneficial and harmful effects of ownership concentration, and applies it to German data. The...
Persistent link: https://www.econbiz.de/10009781688
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Optimal ownership and firm performance : an analysis of China's FDI liberalization
Eppinger, Peter S.; Ma, Hong - 2023
Seminal theories of the firm posit that firm ownership is allocated to minimize contractual inefficiencies. Yet, it remains unclear how much the optimal ownership choice affects firm performance in practice. This paper provides a first quantification of the gains from optimal ownership within...
Persistent link: https://www.econbiz.de/10014312548
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Ethnic identity and the employment outcomes of immigrants : evidence from France
Delaporte, Isaure - 2019
ethnic identity on the immigrants’ employment outcomes. Using rich survey data from France and relying on a polychoric … identities. The paper investigates the impact of the ethnic identity measures on the employment outcomes of immigrants in France …. The results show that having multiple identities improves the employment outcomes of the migrants and contribute to help …
Persistent link: https://www.econbiz.de/10012022260
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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
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Former foreign affiliates : cast out and outperformed?
Javorcik, Beata K. Smarzynska; Poelhekke, Steven - 2014
The literature has documented a positive effect of foreign ownership on firm performance. But is this effect due to a one-time knowledge transfer or does it rely on continuous injections of knowledge? To shed light on this question we focus on divestments, that is, foreign affiliates that are...
Persistent link: https://www.econbiz.de/10010461272
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The measurement of firm ownership and its effect on managerial pay
Edwards, Jeremy S. S. (contributor);  … - 2006
Persistent link: https://www.econbiz.de/10003364727
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Wage and employment determination in volatile times : Sweden 1913-1939
Holmlund, Bertil - 2012 - This version: April 18, 2012
The paper studies wage and employment determination in the Swedish business sector from the mid-1910s to the late 1930s … percent. We examine whether relatively standard wage and employment equations can account for the volatile economic … demand equations suggest that cuts in working time may have slightly increased employment as firms substituted workers for …
Persistent link: https://www.econbiz.de/10009533963