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This study examines the relation between corporate governance practices measured by Transparency Disclosure Index (TDI) and dividend policy in Poland. Our empirical approach, constructs measures of the quality of the corporate governance for 110 non-financial companies listed on Warsaw Stock...
Persistent link: https://www.econbiz.de/10010264957
This paper sheds new light on how African countries' legal systems and institutions influence the governance and stability of their banks. We find that institutional factors, in particular the legal family of origin, political stability, contract enforcement and strength of investor protection...
Persistent link: https://www.econbiz.de/10011873681
for various inflation theories matter empirically when analysing inflation processes in Germany. The results obtained … suggest that inflation in Germany is determined by adjustment processes on the market of production factors, external shocks …
Persistent link: https://www.econbiz.de/10010260658
Based on a panel of German professional forecasts for 1970 to 2003 we find that growth and inflation forecasts are unbiased and weakly, but not strongly efficient. Besides the effect of diverging forecasting dates, no other substantial differences in forecasting quality are found among...
Persistent link: https://www.econbiz.de/10010260675
western Germany during the 1980s and 1990s. It is argued that regional opportunity structures as well as local patterns of …
Persistent link: https://www.econbiz.de/10010260782
in Germany. We argue that in the European institutional context the availability of public day care and informal child …
Persistent link: https://www.econbiz.de/10010260798
Labor force participation rates of mothers in Austria and Germany are similar, however full-time employment rates are …, differences in mothers? employment patterns can partly be explained by the different tax systems: While Germany has a system of …
Persistent link: https://www.econbiz.de/10010260923
Germany, where subsidized child care is rationed and private child care is only available at considerably higher cost. I use a …
Persistent link: https://www.econbiz.de/10010260944
This study uses the hedonic approach to measure the amenity value of climate in Germany. Unlike in earlier research … what theory would predict. Throughout Germany house prices are higher in areas with higher January temperatures, lower July … temperatures and lower January precipitation. In East Germany wages are higher in areas with higher January precipitation. The full …
Persistent link: https://www.econbiz.de/10010265423
We analyse the convergence and heterogeneity of living standards between East and West Germany since unification. Based …, including retirees and the unemployed, of East and West Germany over the fifteen years for which data are available. Using a … highest negative income gap. This probably reflects out-migration from East Germany by the young and highly skilled. On the …
Persistent link: https://www.econbiz.de/10010271128