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This paper investigates to what extent the usage of information and communication technology (ICT) fosters innovation activities by facilitating more flexible organisational structures in firms. We distinguish between functional flexibility (the ability of workers to co-operate and take...
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In this paper, it is argued that ICT investment is closely linked with complementary innovations and most productive in firms with innovative experience. In an analysis based on firm-level panel data covering the period 1994-99, system GMM estimates for an extended production function framework...
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dataset on the transparency on merger control in the EU banking sector, we estimate the probability that a bank is taken over … integration of EU banking markets requires a higher degree of transparency of the regulatory process. …
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Ownership structures widely differ across the EU. While large blockholdings dominate in the banking sector in … governance in the EU banking sector. This paper analyzes the efficiency of shareholder control and hostile takeovers as corporate … governance mechanisms in the EU banking sector against the background of the regulatory environment and differences in the …
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