Showing 1 - 10 of 421
and medium sized enterprises (SMEs) to adopt different types of resource efficiency measures (REMs), possibly …
Persistent link: https://www.econbiz.de/10014435290
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
The paper analyzes the interplay of product market competition and governance on CEO compensation in Italian listed firms from 2000 to 2011 and tests the impact of the 2007-08 financial crisis on pay-performance sensitivity. We argue that important differences both in the level of compensation...
Persistent link: https://www.econbiz.de/10011280832
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
Bank intermediated finance has been cited frequently as the preferred means for channeling funds from savers to firms. Germany is the prototypical economy where universal banks allegedly exert substantial influence over firms. Despite frequent assertions about the considerable power of German...
Persistent link: https://www.econbiz.de/10011511071
the efficiency of institutions worldwide, the problem concerning the availability of internationally standardized data …. We calculate efficiency scores for more than 4,800 universities and other research-focused institutions worldwide … America or Europe. The results of the study show that institutions in the Pacific region have the highest average efficiency …
Persistent link: https://www.econbiz.de/10012175828
An ongoing debate in the literature on efficiency of higher education institutions concerns the indicator for research …. We show that there is a high correlation of efficiency values between the estimations using these indicators; however …
Persistent link: https://www.econbiz.de/10011853185
The purpose of this paper is to compare the cost efficiency of private and public property insurance providers in …
Persistent link: https://www.econbiz.de/10011507834
efficiency of 450 European universities between 2011 and 2014. The novelty of our approach lies in its extended coverage of …. Exploring potential efficiency drivers, we uncover considerable effect heterogeneity between subject clusters, which is … seek external funding are largely identified to be primary efficiency drivers. …
Persistent link: https://www.econbiz.de/10012154760
This study applies parametric distance functions to estimate the efficiency of foreign banks in Australia, and … subsequently employs extreme bounds analysis to establish the determinants of foreign bank efficiency that are robust to model … efficiency of the profit-creation process. The market share of the incumbent banks acts as a barrier to entry to efficiency in …
Persistent link: https://www.econbiz.de/10003203376