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Do employees benefit from worker representation on corporate boards?
Blandhol, Christine; Mogstad, Magne; Nilsson, J. Peter; … - 2020
Do employees benefit from worker representation on corporate boards? Economists and policymakers are keenly interested in this question – especially lately, as worker representation is widely promoted as an important way to ensure the interests and views of the workers. To investigate this...
Persistent link: https://www.econbiz.de/10012392177
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Portability of pension, health, and other social benefits : facts, concepts, and issues
Holzmann, Robert; Koettl, Johannes - 2012
Portability of social benefits across professions and countries is an increasing concern for individuals and policy makers. Lacking or incomplete transfers of acquired social rights are feared to negatively impact individual labor market decisions as well as capacity to address social risks with...
Persistent link: https://www.econbiz.de/10009683455
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Politics-business interaction paths
Belloc, Marianna; Pagano, Ugo - 2009
Most pre-crisis explanations of the various corporate governance systems have considered the separation between ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other countries to achieve these efficient arrangements to their...
Persistent link: https://www.econbiz.de/10003923223
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The positive economics of labor market rigidities and investor protection
Fehn, Rainer; Meier, Carsten-Patrick - 2001
Persistent link: https://www.econbiz.de/10009763538
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Diversification and ownership concentration
Parigi, Bruno (contributor); Pelizzon, Loriana (contributor) - 2005
We consider a mean-variance general equilibrium economy where the expected returns for controlling and non-controlling shareholders are different because the former are able to divert a fraction of the profits. We find that when investor protection is poor, asset return correlation affects...
Persistent link: https://www.econbiz.de/10003203441
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Confucius Institute, Belt and Road Initiative, and internationalization
Wang, Hao; Han, Yonghui; Fidrmuc, Jan; Wei, Dongming - Ludwig-Maximilians-Universität München / Center for …; … - 2020
In this paper, we study the role of Confucius Institute in supporting internationalization of Chinese enterprises. Employing a panel dataset containing 66 Belt-Road countries and 75 non Belt-Road countries from 2006 to 2017, we find that the Confucius Institute has had a positive effect on...
Persistent link: https://www.econbiz.de/10012258300
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Leadership and climate policy
Mideksa, Torben K. - 2021
This paper examines leadership in relation to supplying a global public good. Both the Kyoto Protocol and the Paris …? When does leadership improve global welfare? The answer depends on how transparent the leader’s abatement technology is for … global welfare unless the crowding-out effect is weak. If there is transparency and the follower can benefit from technology …
Persistent link: https://www.econbiz.de/10012509563
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The willingness to pay for job amenities : evidence from mothers' return to work
Felfe, Christina - 2009
This study is the first to estimate mother's marginal willingness to pay (MWP) for job amenities directly. Its identification strategy relies on German maternity leave length. The key aspect of the maternal leave framework is that mothers can decide whether and when to return to their guaranteed...
Persistent link: https://www.econbiz.de/10003872318
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Retiree health insurance for public school employees : does it affect retirement?
Fitzpatrick, Maria D. - 2013
Despite the widespread provision of retiree health insurance for public sector workers, little attention has been paid to its effects on employee retirement. This is in contrast to the large literature on health-insurance-induced "job-lock" in the private sector. I use the introduction of...
Persistent link: https://www.econbiz.de/10010189828
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How weak is the weakest-link principle? : on the measurement of firm owners' control rights
Weichenrieder, Alfons J.; Edwards, Jeremy S. S. - 2004
The paper argues that the weakest link principle, which has been widely used as a measure of ultimate owners' control rights, has a number of serious problems. A theoretically more satisfactory method of measuring control rights, based on voting power indices, is proposed, and the different...
Persistent link: https://www.econbiz.de/10011450369