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within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … investors, and are more likely to remain in business even 20 years after leaving public ownership. The privatization agency …
Persistent link: https://www.econbiz.de/10012287966
This paper investigates a unique policy designed to maintain employment during the privatization of East German firms …
Persistent link: https://www.econbiz.de/10014384451
In recent years, the German banking sector has overcome major challenges such as the global financial crisis and the European debt crisis. This paper analyses a recent development as a particular determinant of the future outlook for the German banking sector. Interest rates are at historically...
Persistent link: https://www.econbiz.de/10011589380
Persistent link: https://www.econbiz.de/10011737801
empirically that both mechanisms perform poorly with regard to two key desiderata such as efficiency and equality, even in large …
Persistent link: https://www.econbiz.de/10013411288
We discuss political economy mechanisms which can explain the resource curse, in which an increase in the size of resource rents causes a decrease in the economy's total value added. We identify a number of channels through which resource rents will alter the incentives of a political leader....
Persistent link: https://www.econbiz.de/10003867963
of workplace performance i.e. productivity, efficiency, quality of service and profitability. It uses a new panel dataset … lower absence is associated with higher efficiency, productivity, quality of the service and profitability of the firm …. Finally, the authors suggest that the link between workers’ absence and this firm's profitability runs through the increased …
Persistent link: https://www.econbiz.de/10003868080
Persistent link: https://www.econbiz.de/10003941756
Prior literature documents the usefulness of the DuPont disaggregation for predicting firms future profitability …. However, there is a lack of research examining how earnings quality affects forecasts of profitability. This paper explores … whether different earnings quality factors moderate the accuracy of profitability forecasts. This study contributes to the …
Persistent link: https://www.econbiz.de/10010520353